Global Wood Summit kicks off with dire near-term forecast

October 30, 2024
Category: Today's Takeaway

The Global Wood Summit kicked-off in Vancouver yesterday with forecasts of log and lumber woes. In related news:  the world is running out of low-cost logs, and when will China start buying lumber again. Meanwhile: the US economy achieves its “soft landing” goal; UPM reports positive Q3, 2024 earnings; and Kelowna approves Tolko mill redevelopment plan.

In Forestry/Climate news: US Forest Service partners to conserve private forestlands; Oregon launches prescribed fire liability program; action against forest biomass subsidies gains momentum at COP16; six EU countries pledge money for biodiversity protection; and the new threat to Brazil’s forests—chemicals.

Kelly McCloskey, Tree Frog Editor

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