Daily News for December 18, 2020

Today’s Takeaway

Industry updates by Taylor, Elstone and Boulton

December 18, 2020
Category: Today's Takeaway

Industry updates from experts Russ Taylor (Japan’s market potential); David Elstone (BC’s value-added sector) and Nick Boulton (Brexit’s coniferous quota). In other Business news: single-family starts highest since 2007; US wildfires cost insurers bigly; Resolute has a new wood products president; and EACOM employees spread the holiday cheer. Meanwhile, COFI and SFI join BC Wood/GBM and ABCFP in announcing virtual convention plans for 2021.

In Climate news: US senators introduce climate bill with forest emphasis; Pacific Biochar secures carbon credits; BP acquires stake in an offset developer; and the Nature Conservancy gets caught up in what some are calling dubious offsets. Elsewhere: BC’s forest watchdog says Prince George biodiversity at risk; and Wisconsin appoints its first female chief forester.

Finally, Dr. Christmas Tree’s globe trotting search for tree sans Phytophthora root rot.

Kelly McCloskey, Tree Frog Editor

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Business & Politics

Port Alberni ending year with positives in business

By the Editorial Board
The Alberni Valley News
December 16, 2020
Category: Business & Politics
Region: Canada, Canada West

Port Alberni will wrap up 2020 with a $13-million gift from Paper Excellence, in the form of the most significant upgrade to the paper mill since 2008. This is good news for heavy industry in the city, and it shows the rest of the province that business has confidence in our city. Paper Excellence identified a growing trend in food grade paper products and found a way to make the paper plant relevant again in a declining economy. While their investment is significant, it is by no means the only investment made in the Alberni Valley this year. …San Group is making progress with its wood remanufacturing plant, numerous small businesses pivoted to remain open, and others actually opened mid-coronavirus pandemic. …Looking back one year ago, our community was in the throes of a forestry strike. Things got worse when COVID-19 hit. Yet here we are, 365 days and 180 degrees beyond, and things are looking up.

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COFI Annual Convention Goes Virtual

Council of Forest Industries
December 18, 2020
Category: Business & Politics
Region: Canada, Canada West

We are excited to announce that the BC Council of Forest Industries’ Annual Convention is going virtual for 2021! The COFI Convention is one of the largest gatherings of the forest sector in Western Canada. Each year, the Convention brings together industry executives, managers, suppliers, business and professional services with government, community and First Nations leaders to discuss key challenges and opportunities for the forest sector in British Columbia and Canada. The upcoming virtual convention will continue to offer compelling speakers on the most important issues in forestry today. Stay tuned for updates in the coming weeks. Registration will open by mid-January.

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The BC Forestry Alliance Letter Campaign: Text JOBS to send Premier forestry message

By Carl Sweet
BC Forestry Alliance
December 17, 2020
Category: Business & Politics
Region: Canada West

CAMPBELL RIVER—The BC Forestry Alliance (BCFA) is announcing that their letter campaign to the Premier has begun quite strongly and it is now offering text options for supporters. BCFA board member and spokesperson Carl Sweet announced the texting option today. Sweet states that “texting the word JOBS to 250-999-2983 will allow hundreds of B.C. residents to send a firm but positive message to Premier John Horgan to save forestry jobs”. “Anyone living in British Columbia who benefits from forestry can make a difference in less than 60 seconds using the text technique to access our letter tool” said Sweet. “We implore all forestry people in the province to take this action. The price of inaction is just too high.” The letter directed at the Premier promotes the positive impacts of the forestry sector and the role that forestry could play in the Province’s economic recovery from covid if given a positive regulatory environment.

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A Path Forward – Ideas For The BC Wood Processing Sector

By David Elstone, RPF
The Spar Tree Group
December 18, 2020
Category: Business & Politics
Region: Canada, Canada West

Spar Tree GroupMajor changes are on the horizon for the BC forest industry. …Recognizing that the province’s forest resource is capable of more than just making 2x4s, Premier John Horgan asked in his mandate letter to Minister Katrine Conroy for “the transition of our forestry sector from high- volume to high-value production, increasing the value-added initiatives of our forest economy.” In addition, the Premier has asked that a portion of the allowable annual cut be dedicated towards “higher value producers who can demonstrate their ability to create new jobs for workers in BC. …Invigorating the value-added side of the industry is one path forward to addressing ways to maximize the harvest and increase production. 

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Local charities receive donations from EACOM Timber

December 17, 2020
Category: Business & Politics
Region: Canada, Canada East

MONTREAL – EACOM Timber Corporation is pleased to announce that its employees have chosen to donate the money normally spent on a holiday get together to local charities and foodbanks. Each site of operation selected a community organization and a donation equivalent to $20/employee was made for a total of close to $25,000. …”As an essential industry, we have been able to continue to be an economic driver while safeguarding staff and suppliers. It is our privilege to share our good fortune with those in need,” EACOM President and CEO Kevin Edgson.

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Resolute Announces Appointment of Hugues Simon as President of Wood Products

By Resolute Forest Products Inc.
Cision Newswire
December 17, 2020
Category: Business & Politics
Region: Canada, Canada East

Hugues Simon

MONTRÉAL — Resolute Forest Products announced that Hugues Simon will join the company and be appointed as president of the wood products division as of March 1, 2021. His term will begin as of the date on which Remi G. Lalonde assumes the position of president and chief executive officer. …Mr. Simon, a native of Quebec, most recently served as president, BarretteWood, Inc., a producer of value-added wood products with operations in Canada and the United States. Previously, Mr. Simon worked for Resolute and its predecessor companies. …”I am pleased to welcome Hugues back to Resolute. He is a strong, dynamic leader with depth of wood products experience and a record of delivering superior results,” stated Mr. Lalonde.

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Western US wildfires cost insurers up to $US13 billion in 2020

By Matthew Lavietes
Sight Magazine
December 17, 2020
Category: Business & Politics
Region: United States, US West

A record-breaking wildfire season in the western United States cost insurers a staggering $US7 billion to $US13 billion in 2020, researchers said on Tuesday, an illustration of the growing price tag on natural disasters linked to climate change. Risk Management Solutions, a US-based risk management company, tabulated the costs of insured losses from fires through November in California, Oregon, Washington and Colorado. The unprecedented figure should push insurance companies to look again at their risks and potentially create political pressure to more effectively curb wildfire and climate change risks, fire experts said. “Ten years ago, this was a non-issue for [insurance firms]. Now they’re saying ‘This is an extraordinary increase in our risk portfolio,'” said David Peterso at the University of Washington. Companies were likely to change “how they start managing these things in the future. Otherwise they won’t survive.” 

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Brexit Update: Coniferous Quota

By Nick Boulton, Head of Technical Trade
The Timber Trade Federation
December 18, 2020
Category: Business & Politics
Region: International

Nick Boulton

This week as we edge closer to the Brexit deadline, we have had a number of members asking about the position regarding the duty-free Coniferous Quota and until now there has been no official Government information available. However, it has now been announced that the legislation to implement the quota was laid before the Houses of Parliament on Tuesday and has been made publicly available late yesterday via the links below. Most importantly on page 20 of the reference document we now have a Quota number 05.0013 which makes the quota official starting on 1 January and should be used by members to make their customs declarations for qualifying coniferous plywood. The volume under the quota will be 167,352m3 exclusively for the UK and as we understand it Northern Ireland. This represents the average over 5yrs of UK receipts against the EU quota.

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Finance & Economics

Despite weakening demographics, there are still some growth sectors and good business in Japan!

By Russ Taylor, President
Russ Taylor Global
December 18, 2020
Category: Finance & Economics
Region: Canada, United States

Japan’s imports of logs and wood products essentially peaked back in 1973 at 120 million m3… the current level of imports have been around the 80 million m3 level over the last decade. …Softwood lumber imports have been in a slow decline since the start of the 2000s and have moved from almost 9 million m3 to around 5-6 million m3 today. Canada and the USA have lost import volume and market share in Japan, while European exporters… held their volumes relatively constant. Lumber imports are forecast to decline again in 2020 from COVID-19 impacts; through October 2020, imports were 10.5% below 2019’s pace. …Japan’s increase of maturing sugi and hinoki forests has been increasing its self-sufficiency of domestic timber usage as compared to its total wood consumption. …With an increased domestic harvest, the rate is approaching 40% in 2020 and means that Japan will need less imports to meet its wood demand.

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Single-family housing starts reach highest level since 2007

By Julia Falcon
Housing Wire
December 17, 2020
Category: Finance & Economics
Region: United States

Single-family housing starts continued their seven-month climb in November, coming in to the highest level since 2007, according to the Census Bureau. Housing starts rose 1.2% in November compared to October and are up 12.8% year over year to a seasonally adjusted annual pace of 1.58 million starts. Single-family housing starts rose 0.4% from October and 27.1% compared to last year. …As a result of the pandemic, there has been a heightened demand for larger homes, which Kan said has driven more construction, home sales and mortgage originations. “Additionally, permits for new single-family construction also rose to 2007 highs, potentially an indication that we might see the increase in homebuilding continue into early 2021,“ Kan said

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Wood, Paper & Green Building

Timber office buildings spotlight what’s old in new construction

By Steve Brown
The Dallas Morning News
December 18, 2020
Category: Wood, Paper & Green Building
Region: United States, US East

When plans were unveiled recently for a new high-rise complex on the edge of downtown Dallas, details of the most unique building in the project were lost in the forest of new skyscrapers. …But a seven-story office building along Field Street breaks new ground because it will be built with modern wood-timber construction. Rather than traditional steel and concrete, the building, which will face a more than 1-acre park, will be built with engineered wood components. …Now timber is enjoying a renaissance of sorts with developers putting up new wooden buildings around the country. …As of September, 979 timber building projects had been constructed or were in design nationwide, according to a study by Woodworks Wood Products Council, a construction industry technical and engineering group. The organization has identified more than five dozen projects in Texas…  said Mark Bartlett, Woodworks’ regional director.

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Forestry

Legendary Revelstoke logger honoured with truck convoy

By Liam Harrap
The Revelstoke Review
December 17, 2020
Category: Forestry
Region: Canada, Canada West

A convoy of logging trucks drove through Revelstoke on Dec. 12 to honour a local legend. Logging truck driver Doug Dillman died suddenly earlier this month and his family said they wanted him honoured the way he deserved. “He was a legend in this town,” said Leah Zacker, daughter. Dillman worked as a logger in Revelstoke for more than 30 years. Zacker said logging was his passion. “He loved the thrill and adventure of logging, especially climbing roads in an oversized truck.” The Dillman family has worked in forestry for more than eight decades.

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Borland Creek Logging wins bid for burnt stand logging, fire mitigation near airport

By Monica Lamb-Yorski
The Williams Lake Tribune
December 18, 2020
Category: Forestry
Region: Canada, Canada West

A contract to remove burned timber stands near the Williams Lake regional airport has been awarded to Borland Creek Logging of Williams Lake First Nation. WLFN stewardship forester John Walker said the work got underway on Monday, Dec. 14. and will involve hand work, full phase logging and brush sawing. About 12 people will be employed. “We’re doing fuel management currently on Fox Mountain, South Lakeside and just finished a project in the Dairy Fields and the river valley,” Walker said, noting they have done a few projects in the community forest that WLFN owns with the City of Williams Lake.

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Watchdog calls for old growth revamp

Prince George Citizen
December 17, 2020
Category: Forestry
Region: Canada, Canada West

B.C.’s forest practices watchdog is calling for a revamp of the way old growth forest is treated in the Prince George Timber Supply Area, saying the biodiversity of the stands may be at risk. …The FPB is recommending the remaining old growth forest be mapped and that the definition of old growth forest be changed to trees at least 250 years old from the current 140 years. …Michelle Connolly of Conservation North said said raising the limit at which a tree is considered old growth will prevent forest companies from retaining trees barely meet the criteria meet their old growth retention targets while still going after the older trees. “140 years is ‘old’ in a fire-maintained forest – like lodgepole pine forests – but not in a rainforest, like the Anzac or the Morkill,” Connolly said. She also welcomed the proposal to map the remaining old growth forest and draw lines around specific areas.

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2021 Sustainable Forestry Initiative Annual Conference is Going Virtual

Sustainable Forestry Initiative
December 18, 2020
Category: Forestry
Region: Canada, Canada West
The 2021 SFI Annual Conference, most recently scheduled for May 12-14, 2021, in Vancouver, British Columbia, is being reimagined into a virtual event. …We will build on the success of the SFI E-Summit in October of this year, and create an engaging virtual opportunity to bring the SFI community together for shared learning focused on our mission of advancing sustainability through forest-focused collaborations. SFI believes that the work of our network remains critically important to local and global sustainability challenges. We will continue to provide a dynamic forum to take a new look at how we can work together to continue growing solutions in a post-pandemic world. Stay tuned for more opportunities to convene, collaborate, and engage on key sustainability issues and the solutions that forests can provide throughout 2021.

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Province reviewing cat-ski hill lodge proposed for southern Monashees

BC Local News
December 17, 2020
Category: Forestry
Region: Canada, Canada West

The B.C. government is reviewing plans for a proposed cat-ski hill in the Midway range of the Southern Monashee mountains. The adventure tourism company Powder Renegade Lodge (PRL) submitted “formal applications” to the ministry of forests on Nov. 3, according to a spokesperson. …Snowcats would access PRL’s operation using forest roads currently licenced to the logging company Interfor as well as BC Timber Sales and the Selkirk Forest District. Using existing forest roads would minimize the operation’s environmental impact, according to the plan. The company has identified eight First Nations with potential or proven land claims to the area. …The ministry is considering public comments until Jan. 16.

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Biodiversity at risk in Prince George Natural Resource District

BC Forest Practices Board
December 17, 2020
Category: Forestry
Region: Canada, Canada West

PRINCE GEORGE – An investigation of a complaint about the management of biodiversity in the Prince George Timber Supply Area (PG TSA) has found that biodiversity, as it relates to old growth forest, may be at risk in the TSA. While forest licensees are complying with legal requirements for biodiversity protection in the PG TSA, the investigation identified several concerns with how government and licensees are managing old forest. “One of the key issues is that the legal requirements have not been reviewed or updated to reflect the impacts of the mountain pine beetle, updated science or society’s changing values,” said Kevin Kriese, chair of the Forest Practices Board. “The PG TSA is also one of the few areas in the province where the amount of old forest legally required to be conserved is not specifically identified on maps, but is measured as a percentage of the overall forest inventory. This creates risks to other forest values.

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Powell River, qathet governments receive old-growth forests presentation

By Paul Galinski
The Powell River Peak
December 17, 2020
Category: Forestry
Region: Canada, Canada West

City of Powell River and qathet Regional District have been prompted to send letters to the provincial government endorsing recommendations in the old-forests strategic review report. Retired registered professional forester Janet May… was representing the qathet old growth group concerned about old growth in the area. …The basic kernel is that the province is running out of old growth, and it is going to have to stop being logged at some point, said May. …City director George Doubt wondered about the possible economic impact resulting from the recommendations. May said from the point of view of the region’s tenure holders, Western Forest Products is the largest one, and old growth is a small component, between five and 10 per cent of its annual cut. May said the government has been advised by the report that there would need to be some recognition and compensation.

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Tender issued for West Fraser Road rebuild

By Lindsay Chung
Williams Lake Tribune
December 17, 2020
Category: Forestry
Region: Canada, Canada West

A tender has been issued to rebuild and realign the washed-out sections of West Fraser Road. The provincial Ministry of Transportation and Infrastructure says the project is complicated from a geotechnical and hydrotechnical perspective and will bypass the active slide areas along the washed-out portions, improving the safety and efficiency of the roadway. “People living in the area are looking forward to this project, following the severe washout that occurred in spring 2018, altering the connections for those who live in this community,” Rob Fleming, minister of Transportation and Infrastructure, said in a Dec. 17 news release. “When the West Fraser Road project is complete, students and residents, including farmers, ranchers and the ?Esdilagh First Nation, will benefit by reduced travel times between communities west of the Fraser River.” … Construction is expected to begin in spring 2021 and finish in fall 2023.

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Biodiversity may be at risk near Prince George, BC, says forestry watchdog

CBC News
December 17, 2020
Category: Forestry
Region: Canada, Canada West

An independent investigation into how the province manages some of its oldest forests has found industry practices may be putting biodiversity at risk … .The B.C. Forest Practices Board, an independent industry watchdog, says … that forest licensees are complying with legal requirements for biodiversity protection. However, the board found some concerns with how government and timber licensees are managing one of the province’s largest timber supply areas around Prince George, B.C. “One of the key issues is that the legal requirements have not been reviewed or updated to reflect the impacts of the mountain pine beetle, updated science or society’s changing values,” wrote board chair Kevin Kriese. Kriese noted that the legal order on biodiversity protection in the Prince George timber supply area was developed nearly 20 years ago. The statement said the investigation also found concerns over how the industry designates old-growth trees in the area.

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Wetzin’kwa Community Forest Corporation spends big dollars on road building

By Marisca Bakker
BCLocalNews
December 17, 2020
Category: Forestry
Region: Canada, Canada West

The Wetzin’kwa Community Forest Corporation had a good year despite some changes that had to be made because of COVID-19 … The community forest’s annual profits from the operations are distributed back into the Bulkley Valley with the aim to provide the greatest long-term benefit. … This year a major investment was made into road building and maintenance. … They also pride themselves on using local contractors. …The majority of this volume, approximately 80 per cent, was sawlogs sold and delivered to Pacific Inland Resources in Smithers and about 17 per cent was dry balsam logs that was delivered to Seaton Forest Products near Witset. … [I]n addition to these delivered volumes, almost 10,000 tonnes of harvesting by-product was delivered to pellet producing facilities in the local area.

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Ontario taking steps to further protect deer, elk and moose from disease

By Chelsea Papineau
iHeartRadio
December 17, 2020
Category: Forestry
Region: Canada, Canada East

The Ontario government has made changes to the Fish and Wildlife Conservation Act to protect deer, elk and moose in the province from chronic wasting disease found in Quebec and neighbouring states. Members of the cervid family, which include deer, elk, moose and caribou, are affected by this progressive and fatal disease. While it has not yet been found in Ontario, the province felt it necessary to make these changes to protect wildlife and support hunting after CWD was found in a Quebec deer farm near the Ontario border in 2018. The disease has also been found in all five states that border the province. …The province said more than 13,000 wild deer and elk have been tested for CWD since 2002 and surveillance testing is done annually.

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These California groups want state to spend $1.5 billion on wildfire prevention in 2021

By Damon Arthur
Redding Record Searchlight
December 17, 2020
Category: Forestry
Region: United States, US West

A group of agriculture, timber and environmental organizations is asking the state to commit to spending up to $1.5 billion on wildfire prevention programs in the next year. Representatives from those groups said Wednesday that bureaucratic red tape and funding issues have held up needed fire prevention projects to prevent the types of deadly wildfires California has endured the past five years. “Generally speaking, there is a broad recognition that we are in a deep, deep hole in terms of where California is with fire, and that hole is getting deeper because of changes in climate and because of fire suppression policies,” said Paul Mason, vice president of policy and incentives for Pacific Forestry Trust. The California Cattle Council, the California Native Plant Society and the Pacific Forestry Trust are sending a letter to the governor asking him to include the funding in the state’s 2021-22 budget.

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Lawsuit seeks to stop Idaho forest project near Yellowstone

By Keith Ridler
Toronto Star
December 17, 2020
Category: Forestry
Region: United States, US West

BOISE, Idaho – Conservation groups have sued to stop a U.S. Forest Service project west of Yellowstone National Park the agency said is needed to maintain wildlife biodiversity with prescribed burning and logging. The Alliance for the Wild Rockies and two other environmental groups said in the lawsuit … that the Forest Service violated environmental laws in approving the eastern Idaho project last summer. The project involves logging, prescribed burning and riparian improvements on about 66 square miles (170 square kilometres) of forest in the Caribou-Targhee National Forest in Idaho. The project … will harm grizzly bears, and log much of the remaining old-growth forest left in the Targhee National Forest,” Mike Garrity, executive director of the Alliance for the Wild Rockies, said in a statement. “And that’s why we are taking them to court to either comply with the law or drop the project.”

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Wisconsin’s first female chief forester wants to make the division more diverse

By Chelsey Lewis
Milwaukee Journal Sentinel
December 17, 2020
Category: Forestry
Region: United States, US East

Heather Berklund

Wisconsin’s new chief state forester doesn’t look like the ax-toting Paul Bunyan lumberjack type. But Heather Berklund hopes to change that stereotype as the new head of the Department of Natural Resources’ Forestry division, the first woman to lead the division in its 116-year history.  The 43-year-old mother of two also is one of the youngest people to hold the position, which she was appointed to in October. Making the traditionally white, male-dominated Forestry division more diverse is one of Berklund’s goals. “It’s getting better, but I think nationally, out of the natural resources profession, forestry is still lagging behind as far as gender diversity, ethnic diversity,” she said. “It’s definitely something that’s on my radar, thinking about diversity long term, how we can recruit for diversity, and how we can better support women and those of diverse backgrounds.” As of 2018, 86.6% of forestry and conservation workers were male and 69.4% were white …

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Illegal Russian lumber flooded Europe despite timber laws

Mongabay.com
December 17, 2020
Category: Forestry
Region: International

European customers may have unknowingly bought hundreds of millions of dollars worth of timber linked to one of Russia’s biggest illegal logging scandals, a new report by NGO Earthsight has alleged. The timber was exported to the E.U. by Russian conglomerate BM Group, led by tycoon Alexander Pudovkin, who was arrested last year along with two officials implicated in fraud and bribery in the case. Major timber accreditation body the Programme for the Endorsement of Forest Certification was criticized for “greenwashing” BM Group’s timber export business. …The factory and forest leases owned by Asia Les have lost their PEFC accreditation since the scandal broke, but the BM Group still maintains more than 150,000 hectares of certified forest holdings in eastern Russia.

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A decade-long, globe-trotting search for a better Christmas tree

By Seth Truscott
Washington State University
December 17, 2020
Category: Forestry

Gary Chastagner

Christmas tree lovers and tree growers across the U.S. could one day admire new varieties that look great, hold up for weeks in the home, and stand up to a deadly disease that kills popular firs, thanks to globe-trotting research by Washington State University scientist Gary Chastagner. Known as “Dr. Christmas Tree” to growers for his 40 years of research at WSU, the plant pathologist’s work on holiday trees has encompassed disease management. …His current focus, the Collaborative Fir Germplasm Evaluation Project is a 10-year effort… aimed at finding high-quality tree varieties that resist devastating diseases. …One of the most serious is Phytophthora root rot. …“Noble and Fraser firs are very susceptible to this disease.  …About 25 years ago, Chastagner began studying firs native to the mountains surrounding the Black Sea. …Industry partners are grafting cuttings from these trees into seed orchards for future seed production. 

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Neguse and Curtis unveil plans to launch bipartisan Wildfire Caucus in the 117th Congress

By the Office of Congressman Joe Neguse
Estes Park Trail-Gazette
December 17, 2020
Category: Forestry

Congressman Joe Neguse

Today, Congressman Joe Neguse (D-Colorado) and Congressman John Curtis (R-Utah) unveiled plans to launch a bipartisan caucus in the 117th Congress to work collaboratively on wildfire mitigation and recovery solutions. The Bipartisan Wildfire Caucus will seek to elevate awareness and bipartisan consensus around wildfire management and mitigation, environmental and community protections, public health and safety, and wildfire preparedness and recovery in Congress. Notably, the caucus will require that members join in equal bipartisan numbers, and will serve as a useful tool for facilitating conversations and cultivating solutions for communities facing wildfire. “Wildfire mitigation and response must be a year-round priority. …” said Congressman Joe Neguse. “In the midst of the pandemic, when our firefighters were faced with dual crises and uncertain safety conditions, Congressman Curtis and I partnered together to introduce legislation to address these public safety concerns…”

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Carbon, Climate & Bioenergy

The Real Trees Behind Fake Corporate Climate Progress

By Ben Elgin and Zachary Mider
Washington Post
December 17, 2020
Category: Carbon, Climate & Bioenergy
Region: United States

Jack Branning is a prosperous Mississippi businessman … He’s seen a lot of deals in his 89 years, but few were as curious as the one he was offered back in 2013. That’s when a forester walked into his office in Vicksburg and inquired about 1,700 acres of former soybean fields he owned nearby. The man worked for GreenTrees LLC, a small company that says it combats climate change … GreenTrees says it pays landowners to convert their croplands to forests, tallies the planet-warming carbon absorbed by those trees, and then sells credit for the carbon reductions to big corporations that want to offset their own greenhouse gas emissions. GreenTrees couldn’t reforest Branning’s land, because he’d already planted trees there … thanks to a government conservation program. But the forester said the land still qualified for carbon payments. In effect, GreenTrees was offering to pay Branning for doing something he’d already done—and then take credit for it.

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Bipartisan Climate Bill Highlights Forest Restoration, Conservation

By Emily Denny
EcoWatch
December 17, 2020
Category: Carbon, Climate & Bioenergy
Region: United States

In an era of extreme political polarization, opportunities for bipartisan efforts on climate change may seem impossible, but a recent introduction of rare climate legislation, authored by Republican and Democratic senators, could pioneer future agreements. Last Wednesday, U.S. Senators Mike Braun (R-Ind.) and Chris Coons (D-Del.), co-chairs of the Bipartisan Senate Climate Solutions Caucus, introduced The Trillion Trees and Natural Carbon Storage Act – a bill aimed at storing carbon, promoting sustainable management and ending deforestation. Coons said this year’s wildfires and storms are a “reminder of how climate change is impacting our lands – and a clear signal that we need to act now to protect them for future generations,” in a press release. Braun called the bill “a common sense proposal to help improve our land, water, soil, and air, without imposing onerous Washington regulations.”

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Pacific Biochar Secures First U.S. Biochar Carbon Credits

By Pacific Biochar
Digital Journal
December 17, 2020
Category: Carbon, Climate & Bioenergy
Region: United States, US West

Sonoma County, CA – Pacific Biochar, the leading biochar producer and distributor on the west coast, has secured the first carbon credits for biochar in the United States, paving the way for rapid growth of the U.S. biochar industry and the carbon sequestration needed to address climate change. Pacific Biochar transforms forestry biomass waste collected primarily from high-risk forest fire areas into a stable form of carbon called biochar. They do this by repurposing existing bioenergy infrastructure, which the company believes is the most cost-efficient way to scale up biochar production to meet growing demand and address climate change. Biochar is important for its carbon sequestration ability as well as its ecosystem benefits. It is listed as one of the top five natural climate solutions for climate change mitigation in a 2019 Intergovernmental Panel on Climate Change (IPCC) report.

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How the Nature Conservancy, the world’s biggest environmental group, became a dealer of meaningless carbon offsets

By Ben Elgin
Bloomberg Green
December 9, 2020
Category: Carbon, Climate & Bioenergy
Region: United States, US East

At first glance, big corporations appear to be protecting great swaths of U.S. forests in the fight against climate change. …JPMorgan, Disney, and BlackRock tout [these carbon credit] projects as an important mechanism for slashing their own large carbon footprints. …But in all of those cases, the land was never threatened; the trees were already part of well-preserved forests. …Few have jumped into this growing market with as much zeal as the Nature Conservancy… But a review documents underpinning those projects and interviews with a half-dozen participating landowners indicate that the Conservancy is often preserving forested lands that don’t need defending. “For the credits to be real, the payment needs to induce the environmental benefit,” says Danny Cullenward, a lecturer at Stanford and policy director at CarbonPlan… If the Conservancy is enrolling landowners who had no intention of cutting their trees, he adds, “they’re engaged in the business of creating fake carbon offsets.”

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bp acquires majority stake in largest US forest carbon offset developer Finite Carbon

Business & Industry Connection Magazine
December 17, 2020
Category: Carbon, Climate & Bioenergy
Region: International

bp has acquired a majority stake in carbon offset developer Finite Carbon, building on its existing interest in the company. Finite Carbon is the largest developer of forest carbon offsets in the US. bp will bring the firm into its in-house business accelerator, bp Launchpad. …Finite Carbon identifies and develops projects that enable landowners to generate revenue from the protection, restoration, and sustainable management of forests. These actions increase carbon stored in forests and generate carbon offsets that are verified against industry-recognized standards and can be traded on markets. Sean Carney, founder of Finite Carbon added: “Putting a price on carbon can make it possible for anyone with the ability to protect, plant, or improve forests to generate revenue from their efforts. However, there is currently limited infrastructure to quantify, monitor, and verify these actions at scale. …Finite Carbon now has the resources [to] address this enormous environmental challenge.”

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