Wildfires and supply disruptions are being linked to rising lumber prices and rallying lumber stocks, according to CIBC’s Hamir Patel. In related news: West Fraser’s record stock-streak ends; Irving reaches settlement on polution charges; Miller Western gets a replacement crane; Nova Wood Products receives federal monies; and Maine’s governor is cleared by legislative watchdog.
In Forestry and Fire news:
- Forests of dead or dying trees are a volatile fuel given BC’s drought conditions
- Smoke prompts air quality advisories across the West and more ER visits
- BC wildfires may have a long lasting impact on both water quality and supply
- Nova Scotia’s long-anticipated forestry practices review to be released today
- Yale botanist highlights lessons learned from indigenous forest management
- California scientists call for carbon credits from forest conservation
Finally, a new study says deforestation may have contributed to the Mayan collapse and the soils still haven’t fully recovered as carbon sinks.
–Kelly McCloskey, Tree Frog Editor