Canada’s managed forest is one of the largest living reservoirs of carbon on the planet. For centuries it slowly filled, as billions of growing trees pulled CO2 from the air and stored it away in their wood. This ancient, continent-spanning, “carbon sink” helped keep the climate calm and cool. But in the last couple of decades, the flow of CO2 has completely reversed. Chainsaws and fossil fuel pollution are cranking open the floodgates that hold back this enormous reservoir of forest carbon. What started as a trickle a couple of decades ago has turned into a flood. Billions of tonnes of CO2 that were locked away in the forest have already drained back out on the backs of logging trucks and in the swirling smoke of ever more monstrous wildfires. This outpouring of forest carbon back into the atmosphere now dwarfs the fossil fuel emissions of most nations.
Eastwood Forests has deployed slightly more than half of its debut fund through deals that have included acquisitions in Costa Rica, Panama and Canada. North Carolina-headquartered Eastwood announced its acquisition of 14,500 ha of northern Vancouver Island timberland from Western Forest Products for $69.2 million in February. …Eastwood VP for transactions Prab Dahal said “Western has done a good job in managing the forests but our philosophies are slightly different in that we probably would not have as much openings and as much clear-cuts as Western did in the past,” said Dahal. …“It has more versatility than the typical natural forest that we look for elsewhere,” said Dahal. “We can manage this purely for carbon and still do good, or manage purely as a plantation and continuously manage with a harvesting level that is sustainable and can do good, financially, for our investors.” …Eastwood was established in 2022. 
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A major shift in environmental policy seems to spreading around the world. The most high-profile indicator of the shift is Germany, where Social Democratic Chancellor Olaf Scholz and his Green Party coalition partner were thrown out of office on Sunday… The only question left is how far the green wave has receded in Germany — and across Europe. The French government has been accused of watering down environmental regulations. Elsewhere in Europe, green parties have been “kicked out of government” in Austria, Belgium and Ireland. While the Canadian policy establishment resists declaring a trend, the carbon war has moved down the priority ladder, as evidenced Monday during the French-language Liberal leadership debate. A party that’s about to pick Mark Carney, the planet’s top climate-policy powerbroker, as leader, rolled through two hours of debate without coming up with anything coherent to offset its about-face removal of its own consumer carbon tax.
Polarization is gripping the country and the centre isn’t holding, Environment and Climate Change Canada found when setting the country’s latest emissions reduction target. The department solicited feedback… to determine what Canada’s internationally binding 2035 pollution reduction obligations should be. …The results found that overcoming polarization is a major hurdle to implementing aggressive emissions reductions that climate scientists say is required to avoid catastrophic warming. About two-thirds of Canadians who participated support stronger measures to address climate change. “There was little middle ground, and very few people were satisfied with the status quo,” according to the findings. …When asked if the federal government is doing enough to fight climate change, 47% believe Canada needs to do more, compared to 36% that feel existing measures go too far. …Polarization is gripping the country and the centre isn’t holding, Environment and Climate Change Canada found when setting the country’s latest emissions reduction target.
Carbon offsets are unreliable, fraud-ridden financial tokens that often fail to make any environmental impact at all. And if Mark Carney gets his way, they’re going to be Canada’s next big industry. In his carbon reduction pitch, Carney 
When U.S. President Donald Trump was elected, Canadian officials issued a weaker than expected 2035 emission reduction target to account for the new political reality. Energy and Natural Resources Minister Jonathan Wilkinson said in an interview that after the U.S. election, the government looked at the opportunities and weighed the risks. Competitiveness was top of mind, more so than tariff threat, he said. “Certainly the United States does factor into the competitiveness issue,” he said. “Clearly the United States is moving away from any kind of regulation relating to climate.” …Wilkinson’s comments are the clearest indication yet of American influence on Canada’s plan to navigate the unfolding energy transition away from fossil fuels and toward clean energy. …Caroline Brouillette, executive director of Climate Action Network Canada, characterized Canada’s “weak” target as “obeying in advance” to U.S. interests.
OTTAWA, ON
…sustainable aviation fuel (SAF) is considered the most practical option for decarbonizing air travel, which in Canada accounts for about four per cent of Canada’s total greenhouse gas emissions. Biofuels made from … wood waste can lower fossil fuels’ carbon intensity and … require no major modifications to airplanes. B.C. has all of the conditions and resources needed to develop a sustainable aviation fuel industry, according to a panel discussion on SAF by the Greater Vancouver Board of Trade. But right now, most of the SAF that airlines are buying comes from suppliers in the U.S. and Europe. Despite the efforts of companies like Parkland Corp., a sustainable aviation fuel production industry is having a hard time getting off the ground in Canada. It all comes down to costs, and the Americans can produce SAF at a more cost competitive price than Canadian producers can, thanks in no small part to subsidies in the U.S.
British Columbia is set to require Canadian products to fulfil renewable fuel standards for gasoline and diesel, a move Energy Minister Adrian Dix said was aimed at building a “cleaner, stronger and more self-reliant” province. Dix said B.C. is too reliant on fuels from outside Canada, making the province vulnerable to market fluctuations and other external pressures. At the same time, he said the United States provides “dramatic subsidies” for its own biofuel industry to a degree that curtails the industry in B.C. and Canada. “For too long, B.C. biofuel producers have operated in a market where their American counterparts benefited from subsidies that gave them a considerable competitive advantage,” he told the news conference announcing the changes. …Ian Quartly, chief financial officer of Tidewater Renewables, joined Dix and said the changes are a positive step toward supporting an economically viable domestic renewable fuels industry.
…”We’re focused on … looking at clean fuel for the power plant, and attracting industries that use clean fuel to produce a value-added product,” said Denis Caron, the president and CEO of the Port of Belledune in New Brunswick. …The Conservation Council of New Brunswick is “first and foremost … happy” the port wants to transition away from fossil fuels to more renewable technologies, said Moe Qureshi, director of climate research and policy. But it’s “not very happy” about the biomass plan for N.B. Power’s Belledune generating station. Burning wood isn’t an efficient way to generate electricity, Qureshi said, and it would be difficult to regrow trees at the rate they are burnt up as wood pellets. …N.B. Power is looking at using black wood pellets at Belledune, Caron said. These are more energy dense and similar to coal, and may not require any refitting or capital spending at the power plant.
Thunder Bay’s Centre for Research & Innovation in the Bio-Economy (CRIBE) is welcoming a new leader to its ranks. The organization announced on Feb. 11 that Scott Jackson has been tapped to become its next CEO. As of Feb. 18, he’ll be replacing Chris Walton, who had served in the role for the last seven years. CRIBE said in a social media post that the change was “part of a planned transition with the board of directors.” Jackson has spent more than 25 years in the field of forest management and natural resource policy. Most recently, he was the director of conservation biology at the Forest Products Association of Canada (FPAC). Previously, he was the manager of forest products for the Ontario Forest Industries Association (OFIA). He holds a bachelor of science degree in environmental biology from Queen’s University, as well as a master’s degree in forest conservation from the University of Toronto.
NEW YORK — Chestnut Carbon, a leading developer of nature-based carbon removal solutions, announced today that they have completed the first issuance and sale of Improved Forest Management (IFM) credits sourced from their conservation membership program branded as Forest Carbon Works. The issuance of more than 64,000 credits, or tons of carbon removal, were sold to multiple corporate buyers, including JPMorganChase. These transactions totaled $2.2 million. Chestnut’s U.S.-based IFM membership program, Forest Carbon Works, provides an opportunity for private forest owners to access income-generating carbon markets while preserving the integrity and legacy of their land. The program includes landowners in 36 states with more than 150,000 acres enrolled as of February 2025. These carbon removal credits are certified through Verra on the voluntary carbon market (VCM) and undergo rigorous third-party audits.
Can you fly airplanes with wood? The answer is: yes. It’s a very qualified “yes” — and it may not happen for many years — but the potential exists to manufacture sustainable aviation fuel from residual wood products and other non-petroleum-based sources that can reduce an airplane’s carbon footprint. “The technology to fly airplanes with wood exists but needs to be scaled up to show the true potential,” Rick Horton, executive vice president of Minnesota Forest Industries, told the House Agriculture Finance and Policy Committee at an informational hearing Monday. Horton was one of several testifiers who said using sustainable aviation fuel to power airplanes is in its infancy and needs large-scale development — and probably government subsidies — to make it economically viable… Sustainable aviation fuel currently costs two to five times more than conventional jet fuel.
LONDON, March 12 – British energy regulator Ofgem said on Wednesday that it had not found evidence of a breach of sustainability obligations by power company Drax, in the watchdog’s review of reports prepared by auditor KPMG. Renewable power generators in Britain can receive renewable obligation (RO) certificates which can then be sold to energy suppliers who use them to sell renewable electricity products to customers. For biomass power plants to qualify for the certificates they must show at least 70% of their biomass fuel comes from sustainable sources. Green groups have long criticised the sustainability credentials of biomass power plants, which burn wood pellets to generate electricity. In 2023, regulator Ofgem opened an investigation into whether Drax was in breach of annual reporting requirements under the RO scheme. Ofgem said it reviewed over 3,000 documents and did not find evidence to support claims that sustainability obligations had been breached.
The harvesting and burning of forest biomass to produce energy continues to surge, according to a new report entitled 
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Norwegian forestry companies are making history by revolutionizing how timber is transported. Beginning in 2027, Viken AT Market and AT Skog will be the first in the forestry industry to ship timber on zero-emission vessels—a game-changing move that signals a dramatic shift toward sustainable maritime logistics. This breakthrough is made possible through a partnership with Skarv Shipping, which will provide vessels powered by ammonia and electricity, significantly reducing emissions compared to conventional diesel-powered ships. Norway’s timber industry plays a crucial role in the country’s economy, exporting approximately 1 million tons of timber annually to European markets. However, most of this transport has relied on traditional diesel-powered vessels, which contribute to greenhouse gas emissions. In an effort to push the industry forward, Viken AT Market is committing to zero-emission transport, securing a long-term shipping agreement with Skarv Shipping and Arriva Shipping.
Turkey is poor in oil and gas while its renewable energy sector is heavily reliant on a mix of hydro, wind and solar. But another element is heating up: biofuel – fuel derived directly from biomass, such as wood or plant matter – is gaining interest domestically and creating an export market not available to other renewables. Demand for and output of biomass pellets used in stoves, furnaces and heaters as an alternative to coal or wood to cope with Turkey’s often freezing winters have increased in recent years. Produced by crushing and compressing wood waste, the pellets have a higher per-kilo energy output than gas, coal or oil, and far lower emission levels, according to promoters. Studies estimate Turkey has the raw material to produce up to 1.8 million tonnes of pellets annually, although installed processing capacity has yet to reach this level.
