Enviva emerges from bankruptcy, reduces debt by $1 billion

The Tree Frog Forestry News
December 9, 2024
Category: Today's Takeaway

Enviva emerged from bankruptcy as a private company, with $1 billion less debt. In related news: San Group’s creditor protection hearings continue in a Vancouver court; Port Hawkesbury Paper says it shouldn’t have to pay for Nova Scotia Power’s bailout; and the Seattle Times urges caution on two new wood pellet plants. Meanwhile, Resource Work’s To-Do List for BC’s new Forest Minister; and Canada’s Green Party appoints a shadow forestry critic.

In Forestry/Climate news: the US is investing $265 million to save private forests from development; US Senator Lee introduces a Forest Service Accountability Act; Washington State researchers seek to identify illegally logged wood; and the EU recognizes carbon capture & storage in long-lasting wood products.

Finally, health and safety warnings over wood-burning stoves and fake Christmas trees.

Kelly McCloskey, Tree Frog Editor

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