Panned by ENGOs, the new federal carbon offset program will target big industrial emitters. In related news: logging’s carbon footprint is said to be understated; two US scientists say we shouldn’t wait to protect old forests; and Caterpillar shareholders seek GHG transparency. On the Market front: lumber futures slide again; volatile markets hit Alberta industry; the paper industry struggles as printers face shortages; Catalyst transitions to food grade papers; and delivered wood costs rise in the Lake States.
In other news: digging into Canada’s 2 billion tree promise; US Forest Service Chief to testify on 2023 budget; Auburn University hosts CLT conference; and the battle over logging native forests heats up in Australia.
Finally, the Gorman Group branches out with new on-site vineyard!
Kelly McCloskey, Tree Frog Editor