Frustrated with inflation, a record 85% of US consumers say it’s a ‘bad time’ to buy a home. In related news: politicians spar over funding to address Canada’s housing crisis; home building falls to new lows in the UK; and the end is nigh for Australia’s home-building boom. In other Business news: Canada’s Supreme Court hears Ontario’s appeal of landmark ‘treaties annuities case‘; the US announced $2B for low-embodied carbon materials; Drax enhances its carbon credit offering; and Western Forest Products, Conifex Timber, and Rayonier AM reported Q3, 2023 net loses.
In Forestry/Climate news: Greenpeace says Paper Excellence should lose its sustainability credentials—despite FSC’s approval; 100 scientists call on Canada to stop the degradation of undisturbed forests; Alaska’s national forests said to be key to meeting US climate goals; experts predict ecosystem collapse of UK forests; and BC acquires 109 hectares to expand five provincial parks.
Finally, wood-based protective foam packaging options are on the rise.
Kelly McCloskey, Tree Frog Editor