The Department of Agriculture, Forestry and Fisheries (DAFF) in South Africa launched Arbor Week with the theme, "Our Forests - Our Future”. South Africa will be celebrating Arbor Week from 1-7 September to raise awareness about the importance and value of trees. Source: Timberbiz
A study conducted by researchers from CSIRO and the Department of Agriculture and Food (DAFWA) suggests industrial plantation forestry could potentially contribute towards Australia’s national target of reducing greenhouse gas emissions (GHG) if a carbon price is in place. Source: Sci
Origin Energy has quit $133 million worth of options for forestry projects in Australia amid fears that the price of carbon will plunge, according to The Australian Financial Review. Abandoning plans for a carbon price floor could make it cheaper to buy carbon units. Sources: Austral
Australian carbon offset organisation Greenfleet welcomed the announcement to remove the floor price and link Australia’s emissions trading scheme (ETS) with the European Union (EU) ETS. Source: Timberbiz
The Construction, Forestry, Mining and Energy Union (CFMEU) has launched a radio advertising campaign over fears 1000 timber industry jobs are at risk in South Australia. The CFMEU said that high log prices are threatening the viability of local operations. Sources: AAP, Business Spec
Tasmanian Aborigines have thrown their support behind industry groups who have pulled out of the forestry peace talks. Although they are not official signatories the Tasmanian Aboriginal Centre said it would follow the associations’ lead as they lacked support from conservation groups
According to the Sydney Morning Herald insolvency firms are circling Tasmanian woodchip exporter Gunns, jockeying for the job of taking on management of the company should it fall into administration following a $904 million loss. Sources: Sydney Morning Herald, ABC News, Business Spe
Russia's membership to the World Trade Organization (WTO) is not expected to reflect in rising timber imports until next spring what it signals is a reduction in high tariffs on timber exports from Russia. Source: UUTISET
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