Daily News for October 29, 2024

Today’s Takeaway

BC’s NDP wins election, majority or minority still in question

The Tree Frog Forestry News
October 29, 2024
Category: Today's Takeaway

Incumbent David Eby clinches election for BC NDP, recounts will determine if it’s a majority. In related news: the United Steelworkers says both parties were pro-forestry; Geoff Russ says the potential minority is bad for forestry; and Nelson Bennett says the winners will face economic headwinds, regardless. In other Business news: Stora Enso acquires Finnish sawmill company Junnikkala; PotlatchDeltic reports Q3 earnings of $3.3 million; and lumber prices tick up again.

In Forestry/Climate news: prescribed burning is used to fight west Texas wildfires; the US Forest Service decision to halt prescribed burns in California is panned; putting Washington’s forests into carbon markets to address climate change; the UN says the world is on pace for more warming without action; COP16 reports trees at risk but also progress in biodiversity protection; and Australia is developing emissions standards for forestry.

Finally, the Global Wood Summit kicks off in Vancouver. Check here for daily updates.

Kelly McCloskey, Tree Frog Editor

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Special Feature

Global Wood Summit opens in Vancouver

Tree Frog News
October 29, 2024
Category: Special Feature
Region: Canada, Canada West

Russ Taylor (Russ Taylor Global) and Kevin Mason (ERA Forest Products Research) are hosting the Global Wood Summit in Vancouver this week. The event opened last night with a cocktail reception at the Sutton Place Hotel in Vancouver followed by a reception for the more than 30 speakers and sponsors. Today’s agenda promises to be action packed with presentations focused on world markets for forest products. This morning’s panel will focus on Japan, China and the Southern Hemisphere, followed by Europe/Russia and the United States/Canada. The Tree Frog Forestry News is attending so check here for daily updates [Images by Helena Jehnichen]

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Business & Politics

BC NDP wins 2024 election, with judicial recounts pending in 2 ridings

CTV News
October 28, 2024
Category: Business & Politics
Region: Canada, Canada West

David Eby

The final count has been completed in B.C.’s nail-biting 2024 election, with incumbent Premier David Eby managing to clinch another victory for the NDP. After tallying all remaining absentee ballots Monday night, Elections B.C. declared NDP candidates elected in 47 of the province’s 93 ridings, enough for a bare majority. Conservative candidates were elected in 44 ridings, and Green candidates in two. But two of the ridings – one held by the NDP, the other by the Conservatives – were close enough to trigger automatic judicial recounts, the results of which could ultimately determine whether Eby leads a majority or minority government. In a statement issued late Monday, the premier said he had already met with Lt. Gov. Janet Austin, and that she asked him to form government. He accepted, while acknowledging the pending recounts, and the razor-thin margin by which his party emerged victorious.

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BC government to inherit mounting debt, economic hurdles

By Nelson Bennett
Business in Vancouver
October 28, 2024
Category: Business & Politics
Region: Canada, Canada West

David Eby

Whoever forms BC’s next government can expect to face fiscal challenges and troubling macroeconomic headwinds that have blown the provincial economy into the shoals. …TD Economics notes that B.C. is expected to be Canada’s economic “laggard” in 2024. B.C. business economists say Premier Eby has been growing government, not the economy, and has been doing it on borrowed money. With tepid GDP growth, unemployment hitting six per cent in September, a spike in business bankruptcies, a high cost of living, lower commodity prices for major B.C. exports and swelling government debt, B.C.’s economy appears increasingly anemic. …Lower commodity prices, notably lumber and natural gas, have left BC with less tax and royalty revenues, adding strain to B.C.’s finances. …Lower lumber prices, American softwood lumber duties, a shrinking timber supply and high operating costs have devastated a cornerstone industry, which has been hit with permanent sawmill and pulp mill closures in the past few years.

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Minority or majority government – there’s plenty of common ground to move forward in the resources sector

By Scott Lunny
United Steelworkers
October 24, 2024
Category: Business & Politics
Region: Canada, Canada West

As the elected Director for the United Steelworkers union (USW) in Western Canada, I was truly hoping for an NDP majority government. The BC NDP was our choice, as the party’s positions better reflect issues important to working families: strong worker rights – including the right to freely join a union; safe and healthy workplaces; affordable housing; access to health care; and commitment to public education in our communities. It was also clear to me that this past election was NOT fought over who had the best plan for B.C.’s mining and forest sectors. I believe that would have been a much less divisive debate, given that David Eby’s NDP and John Rustad’s Conservatives put forward platforms that tried to appeal to these two important sectors. …So, it’s not surprising that there is not much political divide on supporting and building a vibrant resource sector in British Columbia.

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Potential Green-backed NDP government a threat to natural resources industry

Geoff Russ
Business in Vancouver
October 28, 2024
Category: Business & Politics
Region: Canada, Canada West

Uncertainty has reigned supreme in British Columbia after the Oct. 19 provincial election. No clear winner was left, and it looked likely that there would be an NDP government backed by the Green Party’s two remaining MLAs. For B.C.’s natural resource sector, this is the worst possible result. An NDP minority government supported by the Greens will bring a significant ideological shift to the government’s approach to the natural resource sector. …BC’s forestry industry is already plagued by seemingly non-stop mill closures and new regulatory restrictions, and a Green-aligned government will offer little hope of relief. The latest figures paint a grim picture for jobs and new opportunities. Critics have charged that the BC NDP’s forestry policies, such as deferring old-growth logging and implementing far more stringent regulations, accelerated the industry’s decline. The Conservatives had promised relief, but a Green-backed government is likely to maintain the squeeze.

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Stora Enso acquires Junnikkala, a Finnish sawmill company

By Stora Enso
October 28, 2024
Category: Business & Politics
Region: International

Stora Enso has entered into an agreement to acquire 100% of the Finnish sawmill company Junnikkala Oy. This acquisition aims to secure a cost-efficient wood supply to Stora Enso’s packaging board site in Oulu, Finland, and to support Stora Enso’s wood products business with new production assets. The total enterprise value for the transaction is up to EUR 137 million, a significant part of it being contingent upon achieving specific production milestones. The transaction is expected to close in the first half of 2025. Junnikkala operates three sawmills in Finland including its new state-of-the-art sawmill. 

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Finance & Economics

PotlatchDeltic reports Q3, 2024 net income of $3.3 million

By PotlatchDeltic Corporation
Business Wire
October 18, 2024
Category: Finance & Economics
Region: United States, US West

SPOKANE, Washington — PotlatchDeltic reported net income of $3.3 million on revenues of $255.1 million for the quarter ended September 30, 2024. Net income was $23.7 million on revenues of $265.5 million for the quarter ended September 30, 2023. The company generated Total Adjusted EBITDDA of $45.9 million and Total Adjusted EBITDDA margin of 18%. …Eric Cremers, President and Chief Executive Officer said, “Our Wood Products division achieved a significant milestone with the successful completion of the construction phase of our Waldo, Arkansas sawmill expansion and modernization project. We believe this strategic investment positions the Waldo mill to be a top quartile sawmill, enabling it to generate an additional $25 million of Adjusted EBITDDA annually under a mid-cycle sales environment once the mill reaches its new capacity output.”

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Framing lumber prices surge: supply strains push market to near annual highs

By Joe Pruski
RISI Fastmarkets
October 28, 2024
Category: Finance & Economics
Region: United States, US East

Persistent upward movement in framing lumber prices left many items approaching their highs for the year in the fourth quarter. The current supply-driven run has pushed the Random Lengths Framing Lumber Composite Price to its fourth consecutive weekly increase. The front month in lumber futures continued to trade at a slight premium to the physical market, but the January contract opened a sizable spread with cash. …Mills in the South continued to push for double-digit price hikes with moderate success. Most Southern Pine prices continued to climb. However, buyer resistance to the highest mill quotes grew more intense as the week progressed. …Coast dimension sales continued to outpace production, keeping upward pressure on some prices. Board markets remained on a divergent trend. Producers continued to adjust prices predominantly downward.

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Wood, Paper & Green Building

Panel provides cross-Canada look at accelerating the adoption of mass timber

By Don Procter
The Daily Commercial News
October 29, 2024
Category: Wood, Paper & Green Building
Region: Canada

As a $400 million a year industry mass timber is still in its infancy in Canada, representing only about 1% of all construction. Some analysts project the emerging market will hit $1.3 billion annually by 2030, but it will need to rapidly expand production capacity and overcome a number of logistical challenges to meet that projection. Achieving a market share of 5% of all construction and a 25% share of the multi-family residential sector would be the definition of success for the team at WoodWorks, a program of the Canadian Wood Council, said Tim Buhler, of WoodWorks Ontario. …Panellist Steven Street said producers need to look at more circularity in their operations. “They need to do more with their fibre, especially now that the (building) code is with us,” said the executive director of WoodWorks Ontario. …“We see it as part of the building solution, not the only solution,” said Rory Koska, program director for WoodWorks Alberta.

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No Tree Wasted: How Innovations in Biomass Technology are Fueling Change

By Forestry For the Future
Macleans Magazine
October 28, 2024
Category: Wood, Paper & Green Building
Region: Canada

By exploring new uses for every part of a harvested tree, Canada’s forestry sector is identifying new, greener ways to contribute to climate change goals and replace inefficient practices with effective and sustainable solutions. Researchers are working with forestry experts to convert biomass by-products into usable, greener products, and pivot away from non-biodegradable plastics in favour of renewable wood-based options. By moving to greener solutions, and exploring their economic viability and critical environmental impact on a global scale, Canada’s sustainably sourced and responsibly managed forest products can help power a more circular economy. You’ve probably heard of cellophane, a transparent cellulose packaging film, made from cellulose plant matter—usually wood pulp. In the 1960s, cellophane was mostly replaced by polypropylene film for its lower cost. …With landfills and oceans flooding with plastics that will never break down, going back to a sustainable cellulose film is of utmost importance.

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Forestry

WWF-Canada launches ‘Mission Restoration’ to put nature on a path to recovery in Canada

By World Wildlife Fund Canada
Cision Newswire
October 29, 2024
Category: Forestry
Region: Canada

Megan Leslie

WWF-Canada launched “Mission Restoration” at the UN Convention on Biological Diversity’s Conference of the Parties (COP16) today — a collaborative initiative toward helping to reach Canada’s restoration goals under the Kunming-Montreal Global Biodiversity Framework (GBF). Mission Restoration aims to bring together organizations that are committed to restoring essential ecosystems, providing valuable insights into how restoration actions are adding up throughout Canada, inspiring others to join the effort to bring nature back and helping to raise awareness of the benefits to nature, communities and climate that restoration brings… The restoration of damaged ecosystems in Canada is critical to reversing the loss of biodiversity, supporting the rights and priorities of First Nations, Inuit and Métis, and maximizing ecosystem carbon sequestration to fight climate change.

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Canadian Tree Nursery Association reports over 5.3 billion seedlings needed to begin wildfire restoration

By Don Huff
Canadian Tree Nursery Association
October 24, 2024
Category: Forestry
Region: Canada

The Canadian Tree Nursery Association/Canadian Forest Nursery Association are sending up flares Canada needs to plant billions of new seedlings to begin making a dent in forests devastated by wildfires over the last two years. The associations estimate planting 5.3 billion seedlings would begin to restore only 15% of forests destroyed in 2023 and 2024… The associations said the urgent need for forest restoration post wildfire is worsened by provincial budget cuts, such as British Columbia’s plans to plant 58 million fewer trees in 2025 than in 2024. “The Federal government’s commendable 2 Billion Tree (2BT) planting initiative, announced in 2020 was made before the recent significant wildfires,” said Rob Keen, Executive Director. “It is now obvious the 2BT planting target and execution mechanisms are insufficient to address the catastrophic losses of 2023 and 2024. 

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New book by B.C. authors shows how cities can co-exist with nature

By Bill Metcalfe
The Tofino-Ucluelet Westerly News
October 28, 2024
Category: Forestry
Region: Canada, Canada West

Cam Brewer, Herb Hammond, & Sean Markey

Cam Brewer says humans mistakenly believe cities exist independent of nature. “The idea that we’re separate from nature underpins many of the mistakes we’ve made that have led to ecological catastrophes and human isolation and inequality and problems with cities,” says Brewer, an environmental law professor at Simon Fraser University. “This idea that nature is out there, separate from where we are, was never true and isn’t true.” Brewer is a co-author, along with Slocan Valley forest ecologist Herb Hammond and SFU professor of environmental management Sean Markey, of a new book, Nature-First Cities. The book explores how cities have become ecological wastelands, and it outlines the psychological costs of living with minimal access to natural spaces. It offers strategies for the redesign of urban spaces in ways that integrate nature, proposing solutions beyond traditional greening efforts. 

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2024 U.S. Capitol Christmas Tree goes to Washington

USDA Forest Service
October 28, 2024
Category: Forestry
Region: United States

The 2024 U.S. Capitol Christmas Tree hails from the Alaska Region of the Forest Service. An annual symbol of hope and celebration, the tree offers an opportunity to showcase Alaska’s majestic landscape, unique culture, rich traditions, diverse ecosystems and abundant resources. The tree symbolizes Alaskans’ connection to the lands they call home. Previously, the only other U.S. Capitol Christmas Tree to come from Alaska was sent from the Chugach National Forest in 2015. This year, the tree will come from the Tongass National Forest—America’s largest national forest… The U.S. Capitol Christmas Tree, known as the “People’s Tree,” adorns the West Lawn of the U.S. Capitol and has been selected each year since 1970 from a different national forest.

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US Forest Service Decision to Halt Prescribed Burns in California is History Repeating

By Matt Sedlar
Center for Economic and Policy Research
October 28, 2024
Category: Forestry
Region: United States, US West

Last week, the US Forest Service announced it would stop prescribed burning in California “for the foreseeable future,” stating that the as a precautionary measure to ensure the availability of staff and equipment in case of potential wildfires. But temps are falling across California, and state, tribal authorities, and prescribed burn associations have commenced with their prescribed burns. If the federal agency doesn’t hold up its end of the work, all that mitigation work can be undone. …it’s essential to understand the history of the state and the intricate mosaic of private, state, and federal land that constitutes the forests. …the state and federal governments relied on a “paramilitary-like program” focused on fire suppression… Very little was done regarding fire prevention… One of the problems was that colonialist attitudes of fire officials constantly disregarded the valuable knowledge of forest management practices held by California’s Indigenous communities.

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Arbor Day Foundation Pledges 10 Million Trees to Areas Impacted by Hurricanes Helene, Milton

By Arbor Day Foundation
Business Wire
October 29, 2024
Category: Forestry
Region: United States, US East

LINCOLN, Neb.–Following Hurricanes Helene and Milton, the Arbor Day Foundation pledges to plant 10 million trees in the six states affected by the disasters. “In seeing the devastation of Helene and Milton, we felt a strong pull to make a bold commitment to recovery. We received an outpouring of calls and emails from people eager to help the communities and forests impacted by these storms and we’re proud to be in a position to help make restoration happen,” said Dan Lambe, chief executive officer of the Arbor Day Foundation. …The Arbor Day Foundation aims to plant the 10 million trees over the next four years in communities and forestlands in Tennessee, Virginia, North Carolina, South Carolina, Georgia, and Florida. …the Foundation will collaborate with public and private partners as well as local tree planting partners to determine an appropriate timeline for replanting to begin.

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Ancient technique used to fight west Texas wildfires

By Keaton Peters
Kiowa County Press
October 28, 2024
Category: Forestry
Region: United States, US East

Months before the Texas Panhandle erupted with destructive wildfires, fire crews in Borger were igniting fire intentionally on a seven-mile, roughly 250-foot wide ribbon of land on the edge of town. The prescribed burn in November removed dense grass and brush next to homes on the southwest side of the town. When the Windy Deuce fire ravaged the region in February, the prescribed burn area acted as a fireproof wall that stopped the blaze in its tracks. …Before modern firefighting and fire suppression techniques, fires across forests and grasslands were a part of the Earth’s natural cycles. Prescribed burning is an ancient technique still practiced by some Native Americans. In the range ecosystem that dominates the United States from the Texas panhandle through the Great Plains, land managers and firefighters are recommending prescribed burns to protect communities and restore natural fire cycles. But in Texas, prescribed burning has yet to be widely accepted.

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Once our primary forests are gone, they’re gone forever

By Lara Williams
Times Leader
October 29, 2024
Category: Forestry
Region: International

At the 2021 United Nations Climate Conference in Glasgow, 145 nations made a pledge to halt and reverse deforestation and land degradation by 2030. Almost three years later, the call for transformative action is ringing hollow… Overall, the world is 45% off its deforestation targets, and, in a frustrating twist, forest-loss levels have risen above a 2018-2020 baseline since the pledge… Efforts to eliminate deforestation from supply chains have largely been voluntary corporate commitments. While these pledges have steered the conversation and helped the development of traceable supply chains, it’s clear that they aren’t enough to deliver results at a sufficient pace. That’s why policy experts and forest advocates alike have been pushing for demand-side regulation — essentially a ban on the import of deforestation-linked goods — in consumer countries for years.

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Alarm call as world’s trees slide towards extinction

By Helen Briggs
BBC
October 28, 2024
Category: Forestry
Region: International

Scientists assessing dangers posed to the world’s trees have revealed that more than a third of species are facing extinction in the wild. The number of threatened trees now outweighs all threatened birds, mammals, reptiles and amphibians put together, according to the latest update to the official extinction red list. The news was released in Cali, Colombia, where world leaders are meeting at the UN biodiversity summit, COP 16, to assess progress on a landmark rescue plan for nature… Trees are at risk in 192 countries, with clearing land for farming and logging the biggest threat and, in temperate regions, pests and diseases. Well-known trees such as magnolias are among the most threatened, with oaks, maple and ebonies also at risk…

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Slight progress in global biodiversity protection efforts but some species decline, new reports find

By Steven Grattan
Associated Press
October 29, 2024
Category: Forestry
Region: International

CALI, Colombia — Global efforts to protect the world’s plants and animals have made slight progress and some species remain in serious decline, according to two reports released at a major United Nations biodiversity summit in Colombia. A report from the United Nations Environment Programme (UNEP) evaluated global progress since its biodiversity report in 2020. Two years ago, 196 countries signed a historic treaty to protect biodiversity on 30% of the planet by 2030. The biodiversity summit underway in Cali, Colombia is a follow-up to the 2022 accord in Montreal, which includes 23 measures to halt and reverse nature loss. One calls for putting 30% of the planet and 30% of degraded ecosystems under protection by 2030. The UNEP report found countries have made some headway on pledges, but that expansion of the global network must accelerate over the next six years to meet the goal. 

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Carbon, Climate & Bioenergy

Cowichan Valley Regional District launches new website to help people combat the impacts of climate change

By Citizen Staff
Cowichan Valley Citizen
October 28, 2024
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada West

The Cowichan Valley Regional District (CVRD) has launched a new website for residents to use as a tool to combat the impacts of climate change. Formerly known as the New Normal, www.CowichanAdapts.ca is an important resource for residents to access information about climate change, a global issue that is impacting B.C. communities at a local level… The CVRD and climate adaptation partners have developed a regional climate adaptation strategy which includes local solutions to help residents prepare. The climate-change adaptation strategy and implementation framework focus on activities that the CVRD and its partner will undertake to improve built infrastructure, enhance health and emergency preparedness systems, enable green economic growth, and preserve local biodiversity.

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National Wood Flooring Association Joins US Forest Service in Establishing Forest and Wood Product Carbon Data Platform

Hardwood Floors Magazine
October 28, 2024
Category: Carbon, Climate & Bioenergy
Region: United States

The National Wood Flooring Association (NWFA) signed a memorandum of agreement (MOA) with the United States Forest Service (USFS) to support the creation of a publicly accessible platform to provide transparent, high-integrity forest and wood product carbon data. The platform will include six measurement, monitoring, reporting, and verification tools that align with a USFS objective to serve as the primary source of information on carbon and carbon flows across U.S. forest lands, harvested wood products, and end-use life cycle assessment. Currently, forest and wood product data exist in disparate sources. Connections and improvements are necessary to produce standardized data and approaches for quantifying forest-sector greenhouse gas flux for entities across the value chain… USDA has committed $4 million in funding, with $1 million provided by the U.S. Endowment.

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Banking on Oregon Forests: Carbon markets could offer middle road in divide over forest management

By Alex Baumhardt
The Oregon Capital Chronicle
October 29, 2024
Category: Carbon, Climate & Bioenergy
Region: United States, US West

When the Astoria City Council got the results of a forest inventory in the Bear Creek Watershed about a decade ago, councilors learned the city was in possession of far more valuable trees, and timber, than they had realized. In light of the news, some members of the council in northwest Oregon wanted to boost timber harvests and revenue for city services and infrastructure. The 3,700-acres of forests that protect the city’s main drinking water source have been logged semi-regularly for decades, sending millions of dollars to the city budget over the years. But other members of the council, concerned the watershed had been too heavily logged in the past, wanted the newfound bounty to be protected for the future. 

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Australia developing voluntary emissions standards for agriculture, fisheries and forestry

By Aliana zulaika Yeong
S&P Global
October 28, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Australia’s Department of Climate Change, Energy, the Environment, and Water is developing voluntary greenhouse gas accounting standards for agriculture, fisheries, and forestry sectors as farmers face higher pressure from supply chains and the finance sector to provide accurate GHG emissions data. The government’s obligatory climate-related financial disclosures, traceability requirement for market access, as well as the employment of science-based emissions reduction targets are some of the factors driving this demand. These reporting standards aim to enhance the accuracy and consistency of accounting methods and tools, fine tune GHG accounting at the farm level for greater market access and further mitigation action support, and finally reduce the reporting burden on farmers and landowners by giving them reliable tools to understand their emissions.

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World on pace for significantly more warming without immediate climate action, report warns

By Seth Borenstein
The Associated Press
October 28, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The world is on a path to get 1.8 degrees Celsius (3.2 Fahrenheit) warmer than it is now, but could trim half a degree of that projected future heating if countries do everything they promise to fight climate change, a United Nations report said. But it still won’t be near enough to curb warming’s worst impacts such as nastier heat waves, wildfires, storms and droughts, the report said. Under every scenario but the “most optimistic” with the biggest cuts in fossil fuels burning, the chance of curbing warming so it stays within the internationally agreed-upon limit “would be virtually zero,” the United Nations Environment Programme’s annual Emissions Gap Report said. ..Instead the world is on pace to hit 3.1 degrees Celsius (5.6 degrees Fahrenheit) since pre-industrial times. But if nations somehow do all of what they promised in targets they submitted to the United Nations that warming could be limited to 2.6 degrees Celsius (4.7 degrees Fahrenheit), the report said.

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