Georgia lawmakers looking to boost struggling timber industry

By Dave Williams
Capital Beat
August 16, 2024
Category: Business & Politics
Region: United States, US East

John kennedy

ATLANTA – Georgia’s forestry industry is a victim of its own success. Advanced genetics leading to fast-growing trees and a favorable climate have combined to make Georgia the No.-1 forestry state in the nation. …But with pulp and paper mills going out of business in large numbers due to intense foreign competition, demand for timber is on the decline. As a result, prices for wood are down to levels not seen since the 1970s. Those are the dynamics behind a push to find new markets for Georgia’s oversupply of wood in innovative clean energy industries ranging from cleaner aviation fuel to mass-timber building construction to electric-vehicle batteries. …The Senate Advancing Forest Innovation in Georgia Study Committee was formed this year to look for ways the state can encourage investment in sustainable forest products that will generate demand in the future. …One of those options is sustainable aviation fuel (SAF), another is mass timber construction.

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