Drax is abandoning its plan to build Europe’s largest gas-fired power station, switches focus to wood pellets with purchase of Pinnacle Renewable Energy. In other Business news: Kruger expands its Quebec tissue plant; Kalesnikoff’s evolution in BC; and wildfires leave US and Australian forest owners struggling to secure liability insurance. Meanwhile, home builders continue to grapple with soaring lumber costs; US builders pressure Congress for relief; and economic updates by NAHB, CMHC, and BC Central 1 Credit Union.
In Forestry/Climate news: BC’s industry, Steelworks say the province’s old growth strategy needs to consider all Crown forest lands; new research adds to our understanding of climate change’s impact on US/Canada temperate rainforests; and planting trees can’t compensate for increased wildfires worldwide.
Finally, Canada and BC launch a new Nature Agreement to protect species at risk.
Kelly McCloskey, Tree Frog Editor