California and Quebec close carbon market to Ontario given Ford’s plan to scrap cap-and-trade

June 18, 2018
Category: Today's Takeaway

California and Quebec have closed their carbon market to Ontario after premier-elect Doug Ford announced an end to the provincial cap-and-trade system. In other Business news: Scotiabank says a trade war would knock North American markets into recession; Steve Forbes (Forbes Magazine) speaks out against US newsprint tariffs; and Reuters reports that “NAFTA isn’t dead yet”.

In Forestry news: clearcuts are blamed for flooding in New Brunswick; limiting logging is viewed as the best way to manage Pacific Northwest forests; while a lack of harvesting is blamed for forest deterioration in Arizona and New Mexico; and more logging is needed to address BC’s persistent under-harvest of coastal hemlock-balsam stands.

Finally; in line with plans to reinvent its sustainability image, a Chicago McDonald’s is featuring cross laminated timber! 

–Kelly McCloskey, Tree Frog Editor

Read More