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Shares of America’s largest wood-pellet exporter worthless

Mi, 16/10/2024 - 01:34
The New York Stock Exchange said it would delist Enviva’s stock on 22 October and that shareholders would receive no recovery. Sources: The Wall Street Journal, Investing.com, Timberbiz The notice cements one of the most dramatic collapses of the green energy investing boom. Enviva’s stock market value ballooned to nearly US$6 billion in 2022 before a wrong-way bet on pellet prices bankrupted the firm. Enviva will be moved to the OTC market, following its voluntary petitions for reorganization under Chapter 11 of the United States Code. Over-the-counter (OTC) markets are those in which participants trade directly, without a central exchange or other third party. OTC markets do not have physical locations. As part of this process, Enviva has submitted an amended Chapter 11 reorganization plan, proposing to emerge as a private entity with current shareholders seeing their equity interests cancelled. The company has also secured commitments for a financial restructuring plan, which includes a Backstop Commitment Agreement with equity commitment parties and a US$1 billion senior secured facility contingent upon exiting the Chapter 11 process. Enviva has been flagged by the NYSE for non-compliance due to a delay in submitting its 2023 annual report, a delay linked to the company’s current bankruptcy proceedings. However, the NYSE has granted Enviva a six-month grace period to file the overdue report and regain compliance. Enviva has also submitted monthly operating reports, providing a snapshot of the company’s financial status during the bankruptcy process. The company has announced extensions to several key milestones under its Restructuring Support Agreement, including the deadline for delivering a revised long-term business plan. These are the recent developments in Enviva’s ongoing journey, highlighting the complexity of its current financial situation.

New Tigercat cable skidder

Mi, 16/10/2024 - 01:34
Tigercat debuted a new skidder model at this October’s Paul Bunyan forestry equipment exposition in Cambridge, Ohio. The 610H cable skidder aims to be a simple, lower cost addition to Tigercat’s highly regarded H-series skidder line-up. Source: Timberbiz The Tigercat FPT N6.7 engine delivers 151 kW (202 hp) to the same hydrostatic driveline as the other H-series skidders. The machine is equipped with 620H sized axles for added durability. The operator’s cabin, however, is simplified compared with the other H-series machines. Rather than Tigercat’s signature Turnaround seat, the 610H is fitted with a fixed position seat angled at 30 degrees. The heavy-duty winch provides maximum line pull at any engine speed. The winch can drop loads and drive away and reel in a load while driving using a wet-disk dynamic clutch. It also has very low free spool resistance which allows for easier cable extraction using a mechanical jaw clutch.

Restoration project by OFO at its Tinline Block

Mi, 16/10/2024 - 01:33
The Te Hoiere Restoration Project is underway in OneFortyOne New Zealand’s Tinline Block. This is a project to research and understand the Te Hoiere (Pelorus) catchment and the land uses within current activities, impacts and opportunities for improvement. Source: Timberbiz Funding from the Ministry for the Environment has been allocated in early 2024 to enable a series of research projects with five forestry-based projects underway through the Top of the South Wood Council (TOTSWC). One such project is looking at reinstatement and enhancement of riparian margins within exotic forests – using a variety of re-establishment techniques to assess viability physically and financially and which can be replicated in remote and difficult access terrain. OneFortyOne’s Tinline block now has three trial zones in two different geo-locations. Each of the trial zones has 5 x 100m x 10m individual trial areas established, which will give the replicants of each trial. Trials initiated are: Do nothing. No spray, allow natural regeneration post-harvest, no control of regen or ‘undesirable’ weeds (eg : old man’s beard). Do nothing, manual plant. No spray, manual planting of natives. ‘Timata’ planting method of approx. 2,500 stems/ha equivalent at 2x2m spacing. 50% manuka/kanuka, balance mixed natives (heavy in pioneer species). Target spray weeds, allow natural regeneration post-harvest. Spray competitive and undesirable weeds (old man’s beard, banana passionfruit, Himalayan honeysuckle & other weeds which are fast growing and risk swallowing native regen). Manual spot spray, manual plant. Pre-plant spot spray 1.2-1.5m diameter spots at 2x2m spacing. Manual plant into spots using 50% manuka/kanuka, balance mixed natives (heavy in pioneer species). Aerial spot spray and seed by drone. Pre-plant spot spray 1.2-1.5m diameter spots at 2x2m spacing. Aerial broadcast application of native seed infused ‘bombs’ from drone. Trials within trials: Each manual planting trial has 2 x rows of mixed Manuka and Kanuka as species ‘upalatable’ to ungulates and a further 2 x rows of mixed species common to the Tinline area (10 species, 5 plugs of each species in each row. This is to look at species palatability and susceptibility to grazing in an open environment. Drone spraying is regular spaced chemical spots (where no existing native vegetation is present). Drone seed application is broadcast across the whole trial area. This is to look at native establishment with and without chemical assistance. Each of the 15 trial areas has 2 x PSPs established within the boundaries. A 5mx5m ‘open’ plot and a 5m x 5m deer fenced ‘exclusion’ plot. This is to look at the effect of uncontrolled browsing vs full exclusion across the range of trials. Ecological assessments and measurements are being undertaken three monthly until trial completion.

Community grants program for rural and regional communities

Mi, 16/10/2024 - 01:32
Applications are now open for Responsible Wood’s 2024-25 Community Grants Program. Now in its fifth year, the program continues to support rural and regional communities across Australia in creating and completing innovative forest-based projects that benefit both communities and the forests. Source: Timberbiz Responsible Wood and its certificate holders are committed to fostering stronger connections between communities and their local forests. Responsible Wood believes that when people can connect, understand, access, and enjoy their local forests, communities become stronger and healthier. This idea is one of the many aspects supported by Responsible Wood’s standard for sustainable forest management. The Community Grants Program provides funding for a wide range of forest-based initiatives, including the construction or upgrade of recreational facilities, forest rehabilitation projects, habitat for significant biodiversity values, and even forest-based art installations. Grants ranging from $2,000 to $15,000 are available for projects that meet the program’s selection criteria. Eligible applicants include registered charities, Landcare groups, local environmental organisations, Men’s Sheds, sporting clubs, councils, Indigenous organisations, and more. Successful applicants will have until June 30, 2025, to complete their projects. Applications close on Friday, November 22, 2024. To apply for the grant, applicants must: Complete the Eligibility Checklist. Seek support from a Responsible Wood certified forest manager or Chain of Custody supplier. Submit the completed Application Form and Eligibility Checklist by email to communitygrants@responsiblewood.org.au by November 22, 2024. For more information, including FAQs, Terms and Conditions, and access to the Eligibility Checklist and Application Form, please visit Responsible Wood’s Community Grants page.  

Forestry and timber can build 50,000 new homes

Mi, 16/10/2024 - 01:29
The nation’s forestry and timber industry can help build 50,000 much needed new homes annually with climate friendly timber and wood – but we need a strong and stable construction sector to achieve that, according to Australian Forest Products Association CEO Diana Hallam. Source: Timberbiz Data from AFPA and Master Builders Australia shows from the height of the COVID pandemic until early 2024, domestic timber sales have fallen more than 500,000m³ – meaning industry has capacity for 50,000 more homes annually. This is extremely significant given MBA has forecast Australia will fall 110,000 homes short of the Federal Government’s 1.2 million homes target by 2029. “Industry has product on the shelf ready to construct the new and climate friendly homes of tomorrow and capacity to produce more, but we need a range of different actions to get the housing construction sector moving so we can realise our goal,” Ms Hallam said. “With the right economic conditions and regulatory settings, we can make it happen.” A range of different actions are needed to help realise 50,000 extra homes, including: Derisking finance for building new homes Cutting red tape for building approvals to encourage more timber in construction Relocation stamp duty exemptions Encouraging greater take-up of modular and prefabricated timber dwellings with specifications that allow for economic builds and faster building approvals Providing measures to workforce capacity including incentivised apprenticeship programs, immigration visas and upskilling/retraining current workforces. “When it comes to timber, it’s not a materials supply issue,” Master Builders CEO Denita Wawn said. “The timber industry has signalled it has product ready to meet housing construction needs, with annual capacity for an extra 50,000 new homes. “We will continue to work with the Federal Government on ensuring policy levers are pulling in the right direction to ensure the industry and its supply chains are in the best possible position to achieve the Housing Accord targets,” Ms Wawn said.

Apprenticeships boost for critical industries like forestry

Mi, 16/10/2024 - 01:28
New Zealand’s Investment in Apprenticeship Boost will prioritise critical industries and targeted occupations that are essential to addressing New Zealand’s skills shortages and rebuilding the economy, Tertiary Education and Skills Minister Penny Simmonds and Social Development and Employment Minister Louise Upston said. Source: Timberbiz “By focusing Apprenticeship Boost on first-year apprentices in targeted occupations, we are providing employers in critical industries with the certainty to hire and retain first-year apprentices, and confidently hire new ones,” Ms Simmonds said. “Having the confidence to build and strengthen your team is important, especially when many businesses are doing it tough right now.” The National-NZ First Coalition Agreement includes a commitment to continue Apprenticeship Boost, with NZ$64 million allocated to initiative in Budget 2024. “The previous government had set time-limited funding until the end of 2024. “Our investment in Apprenticeship Boost, reinforces this Government’s commitment to fostering a skilled workforce in sectors that are critical to economic growth. First-year apprentices in key industries and occupations will continue to benefit,” Ms Simmonds said. From 1 January 2025, Apprenticeship Boost will prioritise key sectors and targeted occupations that are crucial to New Zealand’s growth and sustainability. They are: Building Agriculture Horticulture and Viticulture Forestry Studies Manufacturing, Engineering and Technology Process and Resources Engineering Automotive Engineering and Technology Electrical and Electronic Engineering and Technology Aerospace Engineering and Technology Maritime Engineering and Technology Other Engineering and Technology Human Welfare Studies and Services Food and Hospitality The targeted occupations are defined by the New Zealand Standard Classification of Education (NZSCED) code, ensuring that the initiative addresses the most pressing skill gaps and supports the long-term success of the economy. Employers can continue to claim funding for eligible apprentices under the current settings until 31 December 2024. Employers receiving funding for second-year apprentices will continue to receive NZ$500 monthly payments until the same date. From 1 January 2025, only employers of first-year apprentices in targeted industry areas will be eligible for the $500 monthly subsidy. These improvements to Apprenticeship Boost reflect the Government’s commitment to deliver a strong economy and support more New Zealanders into jobs. “Our economy is stronger when more people are in work,” Ms Upston says. “Industry training plays an important part in making sure our young people have more opportunities to get ahead through work, but we need to make sure the skills and qualifications they are gaining are also in sync with what our country needs. “Targeting Apprenticeship Boost makes sense as it will strengthen the long-term success of our key industries as we grow a more skilled workforce.” The Ministry of Education will review the targeted sectors every two years to ensure the program continues to address skills shortages and aligns with New Zealand’s evolving economic priorities. The first review is scheduled for July 2027.  

FSC spotlight on responsible forest management in Forest Week

Mi, 16/10/2024 - 01:26
The Forest Stewardship Council (FSC) has successfully concluded its third annual FSC Forest Week, spotlighting the crucial role of responsible forest management in addressing urgent environmental challenges. Source: Timberbiz With the world set to convene at the upcoming COP16 and COP29 summits, FSC calls on businesses, communities, governments, and individuals to continue their efforts in protecting the world’s forests and urges decisive action to ensure forestry remains a priority in global climate discussions. In Australia and New Zealand, leading organisations such as Coles Group, ALDI Australia, Officeworks, VISY, Mitre 10, Wellington Zoo, and more, came together to celebrate their support for FSC’s responsible forestry. This year’s campaign, themed “Small steps together create big change for all,” highlighted the power of collective action in addressing the climate and biodiversity crises. With participation from over 1,300 partners across more than 40 countries, the campaign featured community outreach, corporate engagement, and forest walks. These activities showcased a unified approach to tackling critical issues such as climate change, biodiversity loss, and promoting the well-being of Indigenous communities. “I’m incredibly proud of the tremendous support from our members, certificate holders and promotional licence holders across Australia and New Zealand,” said Melanie Robertson, CEO of FSC Australia and New Zealand. “The rapid growth of our campaign has been crucial in raising awareness of FSC, bringing sustainable forestry into focus for consumers. This collective effort is driving meaningful action on the climate and biodiversity crises, highlighting the essential role responsible forest management plays in securing a healthier future for our planet.” This year’s campaign amplified the message that impactful change does not always require large-scale efforts. Rather, everyday choices, such as purchasing FSC- certified products, can contribute to broader efforts of protecting forests and those who depend on them. Additionally, it highlighted the critical role these actions play in combatting biodiversity loss and climate change. “We are thrilled to see the growing global influence of FSC Forest Week,” said Trevor Armel, FSC International Director of Marketing. “The mounting climate and biodiversity crises demand urgent action, and this initiative has proven to be a catalyst for responsible behavior, inspiring people and businesses to protect our forests and ensure a sustainable future.” Building on the success of this year’s campaign, FSC calls upon individuals, businesses, and communities to engage on the critical discussions around the climate and biodiversity crisis, and help drive the transition toward a greener, healthier planet for all.

Research projects chosen for funding from Australian Forest and Wood Innovations

Mi, 16/10/2024 - 01:26
Two research projects supported by Growers Research Advisory Committee members have been selected among eight projects to receive funding through Australian Forest and Wood Innovations’ inaugural $5 million National Open Call for research. Source: Timberbiz Funded through cash and in-kind investments, both projects seek to improve the resilience and adaptability of Australian plantations, and to support growers in maintaining and increasing plantation productivity in the face of changing climate and weather conditions. These projects are: Developing more productive plantation trees better adapted to changing environments, through Tree Breeding Australia. Enhancing fire resilience in Australian plantations, through The University of Melbourne. The GRAC represents Australian forest growers and managers and is managed by Forest and Wood Products Australia (FWPA) in its role as an Industry Services Company. The following growers have provided additional voluntary funding through the Grower Collaborative Commitment (GCC) process. Their significant financial contributions support research projects expected to deliver high value for grower members and the wider forestry and wood products industry. African Mahogany Aust AKD – Australian Kiln Driers Australian Bluegum Plantations Forestry SA Forico Global Forest Partners (Snowy Mountain Forests) Global Forest Partners (Southern Cross Forests) Green Triangle Forest Products HQPlantations HVP Plantations OneFortyOne Plantations Peppermint Estate PF Olsen Reliance Forest Fibre Sustainable Forest Management (Lenah/Tas) Sustainable Timber Tasmania Timberland Pacific Pty Ltd (Green Triangle) Timberland Pacific Pty Ltd (Tasmania) WAPRES In addition, the following project partner collaborators are providing cash and/or ‘in-kind’ contributions to the two AFWI projects: Project 1: Developing more productive plantation trees better adapted to changing environments: Forico HQPlantations HVP Plantations Project 2: Enhancing fire resilience in Australian plantations: HVP Plantations Reliance Forest Fibre Australian Bluegum Plantations HQPlantations Timberlands Pacific Global Forest Partners (Southern Cross Forests) Forico Wespine Industries Craig Taylor, Chair of GRAC, welcomed AFWI’s support to further research and data collection that will empower growers and the industry as a whole. “Increasing our understanding of how plantations are impacted by changing climates, varying site types and environmental factors such as fire will equip growers around the country to develop stronger, more resilient and more productive plantations,” said Mr Taylor. “In turn, this creates benefits across the supply chain and supports the industry’s ability to meet consumer demand and improve efficiency while innovating its growing and harvesting processes. “The breadth of research required cannot be achieved through industry funding alone. We welcome AFWI’s financial support and collaboration with industry members to facilitate more research and increase our collective knowledge in these crucial fields.” Supported by grower members in conjunction with AFWI funding and coordinated by FWPA, the two projects will examine aspects of plantation resilience and productivity. Project 1: Developing more productive plantation trees better adapted to changing environments Led by Tree Breeding Australia, this genetics-focused project seeks to fill gaps in historic data sets by expanding field trials of tree species to include a broader range of environments. Recognising the need to understand climate change risks and potential expansion beyond traditional production areas, the trials will specifically target drier and more challenging environments to measure the impact on species such as radiata pine, southern pines, blue gum and shining gum among others. Combining this data with existing research, the project will support the development of genetically superior trees capable of sustaining future productivity in softwood and hardwood plantations – even when grown in more challenging environments. In addition, the knowledge gained will improve productivity, quality and forest health in more traditional or predictable sites. Project 2: Enhancing Fire Resilience in Australian Plantations Bushfire activity is predicted to increase globally as a result of climate change, posing an increasing threat to Australian plantations and regional communities. This project addresses critical gaps in fire risk management to enhance fire resilience, inform adaptive practices, and mitigate risks under a changing climate. By refining softwood plantation models and developing hardwood plantation models for the Australian Fire Danger Rating System, it aims to enhance fire prediction accuracy under future fire regimes. This study will provide growers with data for investment decisions, risk management strategies, and recommendations for fire management under changing climates. The project will improve sector resilience, ensure reliable wood production, protect communities, and contribute to environmental sustainability by reducing fire impacts and carbon emissions. Eight projects were identified through AFWI’s Open Call for research and will share in $5 million in funding. Leveraged by more than $8.3 million in industry and researcher cash and in-kind contributions bringing the total investment in research for the forestry and wood products industry to $13.3 million. AFWI was established in March 2024 and is a collaboration between the Australian Government and the University of Tasmania. The eight selected projects were recommended by AFWI’s Research Advisory Committee, a panel of industry and research experts, ensuring the projects align with industry needs, deliver transformative outcomes to the sector and support growth in research capacity. A summary of these projects can be found on the AFWI website https://www.afwi.au/

NZ establishes forestry reference group for better ETS outcomes

Mo, 14/10/2024 - 02:02
New Zealand Forestry Minister Todd McClay announced the establishment of a Forestry Sector Reference Group to drive better outcomes from the Forestry Emissions Trading Scheme (ETS) Registry. Source: Timberbiz “We are committed to working with the forestry sector to provide greater transparency and engagement on the forestry ETS registry as we work to reduce costs. “This group will help the Government to restore confidence and certainty for Forestry”, Mr McClay said. The establishment of the Reference Group follows an independent review of the operational costs of the forestry ETS Register announced earlier this year. “Forest owners have raised concerns about the excessive costs that had been imposed upon them by the previous Labour government who put a NZ$30.25 per hectare annual levy for participation in the Registry. “I agree with the sector that this cost is unreasonable – the Reference Group is part of our response to reduce costs and drive greater efficiency. “In response, the Government has cancelled the 2023/24 annual charge that forest owners were required to pay to participate in the ETS Registry. “Today I am releasing the independent report that outlines where the current system fell short of the Coalition Government and sector’s expectations. “The 4,000 plus forestry participants deserve to have confidence in the system designed to manage their ETS obligations. There is a cost to the register, but they shouldn’t have to pay for the last government’s mistakes,” Mr McClay said. “Any of the issues identified in the report have now been addressed, and the Reference Group will help prioritise work that can reduce the cost and unnecessary regulatory duplication in the ETS Registry. The Government will shortly consult on a new Forestry ETS Registry Levy for the 2024/2025 financial year. “Forestry plays an important role in helping New Zealand meet its emissions reductions obligations and grow our economy.”  

Upgraded knuckleboom loader from Tigercat

Mo, 14/10/2024 - 01:48
Tigercat’s long standing 234 series knuckleboom loader has been upgraded. The new 234C has a new boom system, a new cab, an improved hydraulic system and more swing torque. Source: Timberbiz The new 234C boom system provides increased lift capacity, and quicker boom speeds. The boom cylinders are cushioned at the end of stroke for smoother boom operation. Through-tip hose routing is another new feature. Hydraulic hoses to the grapple are now routed through the boom tip for increased hose protection. The Tigercat loader engineering team had the operator in mind when designing the 234C. The new operator’s station is more comfortable with 16% greater internal volume, increased width, and more leg room. Joysticks and switches are mounted on the armrests within comfortable reach. Improved A/C and heater controls allows the operator to set the desired temperature for a more comfortable working environment. Climate controlled cupholders keep drinks hot or cold for longer. Dedicated in-cabin storage areas include a space for a full size Tigercat insulated lunch box. Operator visibility has been improved with larger front and side windows. The wiper motor, radio and touchscreen display control system have all been relocated for improved sightlines. In addition, a redesigned swing motor cover further improves the operator’s line of sight to the work area. Hydraulic system improvements include a new, larger main pump, and a new boom valve providing smoother boom control and improved flow sharing. Finally, swing torque has been increased by 13% over the 234B for improved pull-through delimbing performance.  

Forest Europe Ministerial Conference

Mo, 14/10/2024 - 01:43
In early October, EOS attended the 9th FOREST EUROPE Ministerial Conference which was held to make decisions to strengthen future cooperation on forests in Europe and share the latest findings and developments in Sustainable Forest Management (SFM) across the pan-European region. Source: Timberbiz The event was organised in the framework of FOREST EUROPE and more than 150 participants from 33 signatory countries, two observer countries and 23 observer organisations were registered for this meeting. This 9th Ministerial Conference concluded with the signature of the Bonn Ministerial Decision and Declaration. With the signature of 35 countries and the full support of more than 20 observer organizations, FOREST EUROPE announced that the Bonn Ministerial Decision and the Bonn Ministerial Declaration are officially signed and submitted. These ministerial documents represent the continuation of the policy process to strengthen Sustainable Forest Management across pan-Europe. The Bonn Ministerial Declaration emphasizes the central role of FOREST EUROPE in defining and promoting this form of management, the relevance of its principles in a changing social and environmental context, and the need to cooperate and adapt to emerging issues form part of this document. The comprehensive documents will be available after the conference. The Bonn Ministerial Decision lays the foundation for establishing a coordinated pan-European Forest Risk Facility. After the event EOS (jointly with CEI-Bois) said that woodworking industries play a significant role in contributing to sustainable forest management through various practices that promote the responsible use of forest resources while ensuring the health and productivity of forests for future generations. By providing jobs and supporting local communities, especially in rural and forested regions, the woodworking industry also promotes sustainable livelihoods. Most of the woodworking industries participate in certification programs such as the Forest Stewardship Council (FSC) or the Program for the Endorsement of Forest Certification (PEFC). These programs set high standards for responsible forest management, ensuring that timber is harvested in a way that preserves biodiversity, protects ecosystems, and maintains forest health, while aiming to ensure the long-term growth of forests. Contrary to many misperceptions, harvesting a renewable resource like wood is good for forests. It ensures they are well looked after, help them to adapt to the climate of the future, and increases their value to society. Growing trees sequester much more CO2 than mature trees, which provide the optimal climate benefits when those mature trees are harvested and that stored carbon locked away for many years in wood products, such as those used in construction. Such sustainable forest management is vital particularly at a time when climate change leaves unmanaged forests at the mercy of increasingly unpredictable and disruptive weather events. These are the reasons why the wood industry calls for a management of forests that balances the benefits forests offer by providing economic value, habitats for wildlife to thrive and recreational spaces for people to enjoy. Well-managed forests are resilient and can therefore last forever. In the face of increasing global warming, which requires urgent and realistic measures, the woodworking industries are adding to the climate change mitigation potential of forests by prolonging the storage of carbon in wooden products. This keeps CO2 out of the atmosphere at a time when this matters the most. Additionally, wood products replace fossil-intensive products, further benefiting the climate. Through their renewable wood-based products, the woodworking industries are also key players in the ever-growing circular bioeconomy, which is an economic approach covering multiple sectors and industries, and which will be essential for Europe’s decarbonisation and competitiveness necessities. Sustainable forest management cannot ignore local realities. It is of paramount importance that decisions on forest management are made at local level in coordination with forest owners, local timber industry representatives, as well as forest managers. Forest owners and woodworking industries share an interest in managing forests sustainably and providing wood to the woodworking industries. For forest owners, timber sales are the main source of income. At the same time, the woodworking industries cannot exist without wood. And those wood products are vital to enabling the EU’s green transition for both the carbon storage and emissions reduction reasons that I’ve mentioned. For these key reasons, a reliable, predictable, and appropriate wood supply is essential for the wood industries as it forms the foundational raw material upon which the entire sector depends. A stable wood supply allows industries to optimise production, ensure employment, and make smart investments e.g. in new machinery and techniques to optimize the use of available wood, increasing logs yield, reducing waste and improving overall efficiency. A reliable supply chain also helps businesses compete in a global market characterised by an increasingly distorted competition. Delays or interruptions in wood availability can cause companies to lose contracts or miss market opportunities. An unstable and inappropriate supply of wood makes prices volatile with negative effects across the value chain. The European wood industry urges the FOREST EUROPE signatories to include an impact assessment on wood availability prior to taking any decisions on forest management and to involve the local industries in the decision-making process.

Dashboard to track wildfire prevention work

Mo, 14/10/2024 - 01:40
California unveiled first-of-their-kind dashboards that will help Californians track the state’s wildfire prevention work. Along with these new tools, state officials announced that 700,000 acres of land were treated for wildfire resilience in 2023, and that prescribed fire more than doubled between 2021 and 2023. Source: Timberbiz For the first time, all fuels management projects are being tracked in one place, on one map, delivering valuable information for project planning and wildfire response. “Everything we do to protect California from wildfires is connected, and nowhere else has as many tools to show the full picture while improving land management and supporting firefighters. We’re embracing the technology and best practices that will help us fight wildfires, and making sure Californians see the tireless work in their communities,” California Governor Gavin Newsom said. The updated Interagency Treatment Dashboard, led by the Governor’s Wildfire and Forest Resilience Task Force, now covers data from 2021 to 2023, showing the acres of completed wildfire resilience (or “treatments”) work. The dashboard combines data from federal, state, tribal, local, and private entities, creating a comprehensive hub for wildfire prevention information. CAL FIRE also launched the Fuel Treatment Effectiveness Dashboard, which tracks how wildfire prevention projects have helped shield communities and landscapes from wildfires. Utilizing real-time data, this tool allows officials to measure how fuel treatments have impacted fire behaviour, evacuation routes, and firefighting efforts during recent fires. In 2023, 700,000 acres were treated to help protect against wildfires, with many protected acres receiving multiple treatments such as thinning, prescribed fire, or other practices to improve forest health and community resilience. The Task Force is tracking both “activity acres” (more than 1,000,000), which reflect the level of effort conducted through various state, federal, and private programs and “footprint acres” (nearly 700,000) which show the total geographic area treated in a calendar year. The 2023 data shows a significant increase in acres treated since 2021, largely due to a significant expansion of prescribed fire treatments, which more than doubled since 2021. The increase in pace and scale of wildfire resilience projects has been led by the Governor’s Wildfire and Forest Resilience Task Force, and its work to implement the Governor’s Wildfire and Forest Resilience Action Plan. The Dashboard is part of the strategy to connect the various statewide entities committed to this monumental task. Investing in wildfire resilience. Governor Newsom and the legislature maintained US$2.6 billion in funding over seven years, in addition to new investments of US$200 million per year going forward, for healthy forest and fire prevention programs, including prescribed fire and other fuel reduction projects. More boots on the ground than ever before. The administration is implementing shorter workweeks for state firefighters to prioritize firefighter wellbeing, while  adding 2,400 additional state firefighters to CAL FIRE’s ranks over the next five years. Expanding the world’s largest aerial firefighting fleet. Governor Newsom has overseen the expansion of California’s aerial firefighting fleet, including the addition of more than 16 helicopters with several equipped for night operations, expanded five helitack bases, and assumed ownership of seven C-130 air tankers, making it the largest fleet of its kind globally. The state also adds to its world-leading air attack capacity through recent new funding to contract 24 additional non-state owned firefighting aircraft. Cutting-edge drone technology. CAL FIRE has doubled its use of drones for critical tasks like aerial ignition during prescribed burns, wildfire containment, and real-time assessments. Artificial intelligence and real-time data tools. The state is leveraging AI-powered tools to spot fires quicker and the Fire Integrated Real-Time Intelligence System (FIRIS) to provide real-time mapping of wildfires. Advanced mapping and satellite technology. California has partnered with the US Department of Defense to use satellites for wildfire detection and invested in LiDAR technology to create detailed 3D maps of high-risk areas, helping firefighters better understand and navigate complex terrains.  

Bill Liley presented with the Kirk Horn Award at NZ conference

Mo, 14/10/2024 - 01:39
Indufor would like to congratulate Bill Liley on being presented with the Kirk Horn Award at the recent New Zealand Institute of Forestry conference. The Kirk Horn Award is one of the most esteemed honours in New Zealand’s forestry sector and recognises exceptional contributions to forestry. Source: Timberbiz It is steeped in history, commemorating the legacies of Thomas Kirk, a prominent botanical explorer, and Captain Inches Campbell-Walker, New Zealand’s first Conservator of Forests. Kirk and Campbell-Walker travelled throughout New Zealand in 1876, and at the end of Campbell-Walker’s term as Conservator, he presented Kirk with a suitably engraved and mounted flask. The flask was offered to the Royal Society in 1967 in the hope the Society might institute a prize for research in New Zealand forest vegetation and forestry, with the flask as a trophy. In 1988, the Royal Society and the New Zealand Institute of Forestry agreed the Kirk Horn would be passed to the Institute for a two-yearly award recognising outstanding contributions in the field of forestry in New Zealand. Mr Liley’s journey in forestry began as a teenager, planting trees on family land in the central North Island. With a mind for engineering, he has designed and constructed a 24-metre bridge, flying foxes, and suspension bridges to improve access to forestry blocks. The family’s efforts, marked by some failures but many more successes, have had a lasting impact. This legacy continues with Mr Liley’s promotion of species like Chinese fir as a viable option for New Zealand’s forests. Mr Liley has been a steadfast supporter of the New Zealand Institute of Forestry, serving on the valuation committee for over a decade. His expertise in valuations is second to none, and his work has been sought after not just in New Zealand, but throughout the world. From consulting on numerous projects globally to providing unparalleled valuation services, he has made significant contributions to the international forestry community. His career has spanned roles at Groome and Associates, LIRO, and Jaakko Poyry, and he is currently Managing Director for as well as a Partner in Indufor Asia Pacific Ltd. Additionally, he has served as a director of the Lake Taupo Forest Management company for 15 years. Described as “down to earth, highly professional, and an extremely good boss,” Mr Liley is also known for a fierce intellect and a strong embrace of new technology. Even with such an impressive professional career, Bill continues to work on their own forest, which includes a small sawmill used to process timber from their land. He is a true embodiment of dedication, innovation and passion in New Zealand forestry.  

Agri Investor’s biggest forestry fund managers

Mo, 14/10/2024 - 01:37
Agri Investor has ranked the world’s biggest food, forestry and natural capital fund managers according to the capital raised. Those in the AFF 20 raised more than US$35 billion during a five-year period. Source: Timberbiz While first and second spots went to Paine Schwartz Partners and Manulife Investment Management third and fourth were forestry companies BTG Pactual and New Forests. In total five forestry companies made the top 20 list. 1          Paine Schwartz Partners                     New York 2          Manulife Investment Management    Toronto 3          BTG Pactual                                         São Paulo 4          New Forests                                        Sydney 5          Butterfly Equity                                   California 6          Gresham House                                  London 7          Stafford Capital Partners                     London 8          PGIM Real Estate                                New Jersey 9          Arbor Investments                              Chicago 10        Nuveen Natural Capital                      Chicago 11        Equilibrium                                         Portland 12        Ceres Partners                                    Indiana 13        Fiera Comox                                        Montreal 14        Homestead Capital                             California 15        Proterra Investment Partners             Minnesota 16        Cibus Capital                                       London 17        Hosen Capital                                      Beijing 18        Renewable Resources Group              California 19        Solum Partners                                   Massachusetts 20        Climate Asset Management               London     18        Renewable Resources Group              California 19        Solum Partners                                   Massachusetts 20        Climate Asset Management               London

National Work Safe Month

Mo, 14/10/2024 - 01:34
As part of National Safe Work Month, the Hyne Group had the honour of hosting Dan Kennedy, a dedicated Safety Advocate for WorkSafe Queensland, at its Tuan and Glulam sites. Source: Timberbiz Mr Kennedy’s visit, presented as part of Safe Work Australia’s SafeTea initiative, brought a deeply moving and significant message about workplace safety. His advocacy is born from personal tragedy. In 2012, his son, Dale Kennedy, tragically lost his life at work. Dale, a 20-year-old apprentice, was fatally electrocuted after coming into contact with non-compliant wiring while working in the ceiling space of a Cairns school. His death is a devastating reminder of the dangers that can exist in the workplace and the preventable nature of such incidents. Since Dale’s passing, Dan and his wife, Debbie, have dedicated their lives to sharing Dale’s story, emphasising the importance of safety and the devastating impact a workplace fatality can have on families and communities. Their mission is to raise awareness and ensure that no other family has to endure the pain and loss they have faced. During his Hyne Group visit, Dan shared his deeply personal story, urging all team members to take responsibility for creating safer work environments. His message reinforced that safety is not just about compliance, but about protecting lives and making sure every worker returns home safely at the end of each day. “If you have been asked to do something unsafe just say no, it’s not worth it. You’re a stronger person if you stand up for your own safety, we want you to go home at the end of the day to your loved ones,” Dan said. Dan’s sessions at the Hyne Group encouraged our team members to pause, reflect, and engage in meaningful discussions about safety. His words left a lasting impact on everyone present, inspiring the teams to prioritise safety in every task and decision. Watch Dan and Debbie Kennedy’s story in the film, “I love you, Dad” at https://www.youtube.com/watch?v=49CkBVIkWbY

Low apprenticeship numbers spell trouble for housing

Mo, 14/10/2024 - 01:32
Experts at Master Builders Australia have warned that low apprenticeship numbers will worsen the nation’s housing crisis if action is not taken immediately.  Source: Timberbiz The warning comes after new Australian Bureau of Statistics data revealed that 2023-24 was the worst year for home building in more than a decade, dropping 8.8% to 158,690 new starts. “Detached house starts fell by 10.1%, while higher density commencements were down by 6.0%,” said Master Builders Chief Economist Shane Garrett. “If building continues at this pace, we’ll be in for less than 800,000 new home starts over the next five years.” “This would mean a shortfall of over 400,000 homes compared with the National Housing Accord target.” The data release, revealing a drop to numbers not seen since 2011-12, coincided with fresh data from the National Centre for Vocational Education Research which showed declines in apprenticeship numbers. Apprenticeship completions fell 8.6% from 24,545 in the year to March 2023 to 22,420 to March 2024. In the same period, apprenticeship commencements dropped 11.8% from 47,110 to 41,520, and the number of apprentices in training declined 2.2% from 124,280 to 121,530. Master Builders Australia CEO Denita Wawn said the new data painted a concerning picture for Australia’s housing crisis. “Today’s data releases aren’t unrelated. To bring Australia out of the housing crisis we need to drastically increase the supply of housing,” said Ms Wawn. “And we can’t do that while we’re simultaneously suffering through a labour shortage. “Low apprentice numbers reflect a shortage of skilled workers across all trades, and until we’re able to address the challenges facing the future of the workforce, we won’t be able to increase building activity and reduce the impact of supply conditions in the residential building market on Australia’s inflation problem. “It’s no longer appropriate to call for a return to pre-Covid levels, we need more tradies now than we’ve ever had. “We urgently need governments to look at solutions to increase the number of tradies, increase the number of apprentices, and help Australian builders increase supply so we can come out the other side of this housing crisis,” Ms Wawn said. Master Builders Australia’s “Future of the Workforce: Building and Construction Industry” report, which highlights the growing need for action to increase the workforce. To read the full report go to https://masterbuilders.com.au/wp-content/uploads/2024/09/Workforce-Blueprint_Final-1.pdf

Loans for new homes higher this year

Mo, 14/10/2024 - 01:31
The number of housing loans issued for the purchase and construction of a new home in the three months to August was 9.1% higher than at the same time in the previous year. Source: Timberbiz The ABS released the Lending Indicators data for August 2024 which provides the latest statistics on housing finance commitments. “This increase in lending comes off a very low base, with lending for new home purchase and construction remaining about the lowest levels since 2002,” HIA Chief Economist, Tim Reardon said. “Market confidence in new home building has been improving with a pause in interest rate changes for eleven months, low levels of unemployment and an acute shortage of housing,” he said “First home buyers are increasingly active as buying a home provides protection from the acute shortage of rental homes. The Government should be looking at removing the restrictions that prevent many first-time home buyers from getting a loan.” In its recent submission to the Senate inquiry into the financial regulatory framework and home ownership, HIA identified that a decade of additional costs has restricted competition among banks and made it increasingly expensive for them to lend to first home buyers. “A decade of increased prudential restrictions has reduced competition among banks and added additional barriers to first home buyers gaining access to a loan,” Mr Reardon said. “HIA has recommended that the Government should establish an RBA-style Board to oversee APRA to balance the goals of financial system stability and homeownership.” This should include an RBA-style target for mortgage arrears. “Just as zero inflation is not the RBA’s goal, zero mortgage arrears is an unattainable and undesirable goal for APRA,” Mr Reardon said. “Mortgage arrears in Australia have remained exceptionally close to zero, even though the GFC and the pandemic. Yet, APRA continues to impose additional constraints on lending, competition among banks and thereby restricting housing supply. “The problem is that ongoing regulations have forced banks to eliminate much of the flexibility and competition in the mortgage market that made home ownership accessible for households with variable access to capital, such as first home buyers. “Ensuring that home ownership remains an attainable goal for Australian households is an equally important objective that has not received adequate recognition among financial regulators. “Banks should be making the decision on who is able to service a mortgage, not the Australian Government. Banks are well placed to make this assessment and are protected from delinquency through mortgage insurance,” Mr Reardon said. The number of owner-occupier loans issued for the purchase or construction of a new home in the three months to August 2024 increased by 34.4% in the Northern Territory (from a very low base), followed by Western Australia (+27.1%), the Australian Capital Territory (+26.8%), Queensland (+24.8%), South Australia (+16.8%) and Tasmania (+3.0%). The two largest states recorded a decline over the same period, led by Victoria (-5.2%), followed by New South Wales (-3.7%).  

Third round of the Support Plantation Establishment program open

Mo, 14/10/2024 - 01:29
The Federal Government has opened applications for the third round of the $74 million Support Plantation Establishment program. Farm foresters, First Nations businesses and the forestry industry are among those who will benefit from funding to support more plantation forests in Australia. Source: Timberbiz The Support Plantation Establishment program is providing grant funding to help establish up to 36,000 hectares of new long-rotation softwood and hardwood plantation forests across Australia. The Government will provide up to $2,000 per hectare of new long-rotation plantation forest established. To date rounds one and two of the program have awarded more than $15 million to 27 projects across Australia that will establish over 8,200 hectares of new plantations. Round three is open for applications from 11 October 2024 to 5 November 2025. Changes to the program have been made for round 3 following widespread stakeholder consultation. Grants will range from one to three years, and projects must be concluded no later than 30 June 2027. Further information about the program’s requirements can be found in the Grant Opportunity Guidelines. “This program underscores the Albanese Labor Government’s commitment to supporting the forestry industry and regional communities, while reducing our carbon footprint,” Minister for Agriculture, Fisheries and Forestry, Julie Collins, said. “By stimulating new growth in Australia’s plantation forest estate, we are helping meet our future demand for timber, creating regional employment opportunities, and building a sustainable and prosperous future while helping to meet our international emissions reduction commitments. “That’s why this grant opportunity continues to play an important role to increase Australia’s future timber supply and reduce our dependence on imported timber. Australia doesn’t have enough timber,” she said. “The Albanese Labor Government supports sustainable forestry, and is investing in forest industry innovation, manufacturing and skills. “We are delivering the most significant forest industry support package in Australia’s history, including more than $300 million to help improve the capacity and capability of the sector.” For more information or to apply, visit https://www.grants.gov.au/  

New Stora Enso HQ is a display of wooden ingenuity

Fr, 11/10/2024 - 00:52
Stora Enso has started operations in its new head office at Katajanokan Laituri (Katajanokka Pier) in Helsinki, the largest mass timber building in Finland. Source: Timberbiz Showcasing the company’s wood products and solutions, this building is a true landmark in sustainable architecture and low-carbon construction. The lightweight prefabricated mass timber elements allowed the multi-storey, mixed-use building to be the first project in decades to be constructed in the historic, well-preserved as well as culturally significant Helsinki landscape and harbour area. The building, owned by mutual pension insurance company Varma, was completed on schedule during the summer of 2024. The four-storey Katajanokan Laituri houses Stora Enso’s head office and Solo Sokos Hotel Pier 4. The building is also open to the public who now can experience and enjoy the wooden architectural design. “Climate change mitigation is part of Stora Enso’s purpose and a strategic business driver. Wood-based materials offer a viable alternative to non-renewable raw materials. “Wood products are one of our core business areas. We want to be a forerunner of sustainable building solutions and showcase the way to modern wood use as part of more climate-friendly urban construction of the future. Katajanokan Laituri is a masterpiece of Finnish timber construction. It provides high quality, sustainable facilities for our head office and staff as well as for others working in and visiting the building,” Hans Sohlström, President and CEO of Stora Enso said. Compared with a concrete-based building, specifying wood for the structure resulted in an impressive 35% reduction in before use greenhouse gases. On top of having a lower carbon footprint than concrete, wood also stores carbon. No other commercially available building material can do that. The wooden elements used in the construction captured 6,000 tonnes of carbon dioxide (CO₂) during the trees’ growth and are now storing it in the building for at least the next 100 years. This is remarkable when we consider it will take the next 50 years of heating and cooling the building and other operational activities to produce the same amount of CO₂ emissions. “The use of the Sylva by Stora Enso kit of parts enabled the large-scale building to be constructed efficiently in a dense urban environment. It took only 171 just-in-time deliveries and seven months for more than 2,000 bespoke load-bearing wooden elements to be installed on-site. “The mixed-use building concept allows Katajanokan Laituri’s structure to be adaptable for future needs. Thus, the building is flexible in case the usage changes, making it a great example of a sustainable approach to urban planning and construction,” Antto Kauhanen, Business Development Manager at Stora Enso, Wood Products Division said. In addition to the sustainability benefits provided by Katajanokan Laituri, the building’s interior follows the biophilic design approach – with architectural and material choices that connect people more closely to nature. Natural materials and lighting inside the building promote well-being, increase productivity, and reduce stress levels – important features in countries where people may spend up to 90% of their time indoors. Katajanokan Laituri was built by Varma in cooperation with Haahtela, who were responsible for project management. The building was designed by Anttinen Oiva Architects.

Indonesia biomass drive threatens key forests

Fr, 11/10/2024 - 00:50
Indonesia’s push to add wood-burning to its energy mix and exports is driving deforestation, including in key habitats for endangered species such as orangutans, a report said yesterday. Source: Agence France-Presse Jakarta Bioenergy, which uses organic material like trees to produce power, is considered renewable by the International Energy Agency as carbon released by burning biomass can theoretically be absorbed by planting more trees. However, critics say biomass power plants emit more carbon dioxide per unit of energy produced than modern coal plants and warn that using biomass to “co-fire” coal plants is just a way to extend the life of the polluting fossil fuel. Producing the wood pellets and chips used for “co-fire” coal plants also risks driving deforestation, with natural forests cut down and replaced by quick-growing monocultures. That is exactly what is happening in Indonesia — home to the world’s third-largest rainforest area, a report by a group of Indonesian and regional non-governmental organizations (NGOs) said. “The country’s forests face unprecedented threats from the industrial scale projected for biomass demand,” said the groups, which include Auriga Nusantara and Earth Insight. Indonesia’s production of wood pellets alone jumped from 20,000 to 330,000 tonnes from 2012 to 2021, the report said. Auriga Nusantara estimates nearly 10,000 hectares of deforestation has been caused by biomass production in the past four years. However, the report warns that much more is at risk as Indonesia ramps up biomass, particularly in its coal-fired power plants. The report looked at existing co-firing plants and pulp mills around Indonesia and the 100km surrounding each. It estimated that more than 10 million hectares of “undisturbed forest” lie within these areas and are at risk of deforestation, many of which “significantly overlap” with the habitat of endangered species. Animals at risk include orangutans in Sumatra and Borneo, the report said. Using wood to achieve just a 10% reduction in coal at Indonesia’s largest power plants “could trigger the deforestation of an area roughly 35 times the size of Jakarta,” the report said. Indonesian Ministry of Environment and Forestry officials did not immediately respond to Agence France-Presse’s request for comment. Indonesia saw a 27% jump in primary forest loss last year after a downward trend from a peak in 2015-2016, according to the World Resources Institute. The groups also point the finger at growing demand in South Korea and Japan, two major export destinations for Indonesia’s wood pellets. They urged Indonesia to commit to protecting its remaining natural forest and reform its energy plans to focus on solar, while banning new coal projects. The two nations should end biomass incentives and focus on cleaner renewable options, they said. “There are no math tricks that can justify burning forests for energy,” the NGOs said. “Science has clearly proven the vital role of tropical forests for climate stability, biodiversity and human survival,” they said.

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by Dr. Radut