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January 2011

Issue date: 
January 6, 2011

Harper Government Protects Jobs in Canada's Forest Sector

OTTAWA, Canada, Jan 6, 2011 — The Harper Government today announced a new investment to protect jobs in Canada’s forest industry through the Pulp and Paper Green Transformation Program. This announcement will see workers in the Edmundston, New Brunswick area benefit from a significant investment in the Twin Rivers Paper Company Inc.’s mill.

Issue date: 
January 5, 2011

Argus Launches North American Wood Chip Price Assessments

HOUSTON, USA, Jan 5, 2011 - International energy pricing agency Argus today launched North American wood chip assessments.

Issue date: 
January 06, 2011

Patriot Rail Corp. Completes Acquisition of Weyerhaeuser Company’s Railroads

BOCA RATON, USA, Jan 06, 2011 - Patriot Rail Corp. (“Patriot”), a privately-held short line and regional freight railroad holding company, today announced that it has completed the acquisition of the six short line railroads belonging to Weyerhaeuser Company, effective December 30, 2010. This acquisition, the largest for Patriot to date, brings to 13 the number of short line railroads currently owned by Patriot Rail.

Issue date: 
January 6th, 2011

Roadside wood theft is a problem in the Hearst, Ontario area

Forest contractors are facing an increasing problem of roadside woodpile theft in the Hearst, Ontario area.

It seems that people are stealing wood from log piles near roadways, likely for firewood.

Issue date: 
January 6th, 2011

Cause of explosion at Pacific BioEnergy Pellet Plant determined

The cause of the explosion and resulting fire at the Pacific BioEnergy Pellet Plant in Prince George, British Columbia on December 17, 2010 was been determined.

The blast was ignited by sparks in the plant’s fibre drying system.

Issue date: 
January 6, 2011

Cancun: implications for business

Despite not agreeing legally binding commitments to reduce emissions, the Cancun conference does give more momentum to global, regional and local efforts to address climate change. As a result, the creation of incentives, penalties and trading arrangements in various forms in different markets becomes more likely.

The outcome of the conference reinforces our view that businesses should proactively address the business opportunities and risks around climate change to maximise shareholder returns.

Issue date: 
January 6, 2011

Government Investment in Forest Products Industry Continues to Pay Dividends

OTTAWA, Jan.

Issue date: 
Jan 6, 2011

Lakes a big source of climate-warming gas: study

(Reuters) - Lakes and rivers emit far more of a powerful greenhouse gas than previously thought, counteracting the overall role of nature in soaking up climate-warming gases, a study showed on Thursday.

Issue date: 
2011-01-06

The Californian Carbon Market, Forestry and REDD

As we stated in a previous post California, the world’s 8th largest economy, has approved an extensive cap-and-trade carbon trading scheme to cut greenhouse gas emissions.

Issue date: 
January 4, 2011

Lumber Futures Rise to Highest Price Since May 2006 in Chicago

Lumber went up the upper limit allowed by the Chicago Mercantile Exchange, reaching the highest price in more than four years reports Bloomberg. Lumber futures for March delivery jumped by the CMEs daily limit of $ 10, or 3%, to $ 340 per 1,000 board feet as of 8:45 a.m. in Chicago.

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by Dr. Radut