Canadian wood-products industry profits will more than double this year to Can$808 million as the surging sector cashes in on a US housing market recovery and strong demand from China, according to the Conference Board of Canada. Source: The Vancouver Sun
Some of Britain's best-loved trees could be cloned in an effort to reproduce a range of our most successful and sturdy oaks, yews and firs. Source: The Guardian UK
An environmental think-tank said the Indonesian government could have done more to prevent the 8000 fires burning across the country. Source: Australia Network News
China and Russia’s sovereign wealth funds are making their first joint investment – in a Siberian timber company – as part of a push to increase commercial ties between the Russian far-east and fast-growing countries in Asia. Source: The Financial Times
Lumber exports from the Nordic countries have changed quite dramatically in recent years. The European market has become relatively less important than it has been in the past. Source: Wood Resources International
Forestry giant Stora Enso plans to let another 2500 employees go, of whom 750 work in Sweden, citing weak markets and deflating profits. Source: The Local Sweden
Dublin has aborted plans to sell off its forests following strong opposition from a disparate coalition of sports enthusiasts, trade unionists and environmental campaigners. Source: The Financial Times
In Europe governments are trying to reduce fossil-fuel use and carbon dioxide emissions. Under pressure, some of the Continent's coal-burning power plants are switching to wood but Europe doesn't have enough forests for fuel. So they are sourcing it where forests are bigger and restri
In order to keep pace with demand for renewable energy, forest management policy in the US must change to address environmental sustainability issues, according to an article by a University of Illinois expert in bioenergy law. Source: Phys Org