The UK government is set to greenlight Drax’s power generation plan, coupling biomass with carbon capture & storage. In related news: Enviva enters 2024 on a tightrope; Sumitomo looks to biodiesel in Japan; Hampton Lumber is buying Rebuilt from Atlas; and the Espanola Action Centre is preparing for more Domtar layoffs. In Market news: wood pellet exports are up; mortgage rates are down, and housing starts are better positioned than you think.
In other news: an Oregon timber tax could pay for wildfire prevention; a new study says Michigan’s forests can support a mass timber plant; Mongabay says Indonesia’s deforestation rates are on the rise again; and an Australian court is set to decide if native forest logging can continue in New South Wales.
Finally, CBC latest to boost NRDC funded study on logging and caribou.
Kelly McCloskey, Tree Frog Editor