COP28 ends with deal to transition away from fossil fuels

The Tree Frog Forestry News
December 13, 2023
Category: Today's Takeaway

COP28 ended with deal to transition away from fossil fuels in an orderly manner… so as to achieve net zero by 2050. In related news: COP28 looks to nature and carbon credits are eyed generate the needed cash; and ENGOs pan European reliance on forest biomass. Meanwhile: how to advance the mass timber bio-based revolution; and California confirms that thinned forests are more fire resilient.

In Business news: Northern Pulp’s creditor protection is extended as settlement with Nova Scotia nears; laid-off Domtar Espanola workers get support to find work;  West Fraser appoints incoming CEO Sean McLaren to its Board; and CN Rail acquires Iowa Northern Railway. In other news: Canada reboots its war-time housing policy to address current shortage; Ontario and BC focus on getting more homes built; and US economists forecast a housing turnaround in 2024, although costs put upward pressure on inflation.

Finally, John Brink says BC forestry is broken, while Joe Nemeth addresses BC’s wildfire toll.

Kelly McCloskey, Tree Frog Editor

Read More