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