Timberland and timber REIT (real estate investment trust ) investors continue to wade through "erroneous and underreported analysis in financial outlets" writes Forisk blog which is a forest economics research firm. In a recent article Weyerhaeuser , now structured as a REIT, was called the worst...
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The Uruguayan government gave permission to Celulosa Arauco and the Swedish-Finnish company Stora Enso for the construction of a pulp mill in the area of Conchillas, Uruguay. The Project is planed to have a capacity of 1.3 million metric tons of pulp a year, but it is not yet defined. The...
Mike de Jong, a B.C. Liberal leader candidate, spoke at Carrier Lumber in Prince George today about lumber exports to India. Until recently, lumber exports from British Columbia to India were restricted over fears of imported pests within the wood. Now, spruce, pine, and fir (SPF) lumber may...
Alberta is seeing signs that it is winning the war against the mountain pine beetles, thanks to: the weather wisdom gained from B.C.’s mountain pine beetle fight an aggressive $250 million attack The mountain pine beetle can play a healthy role in a forest – by feeding on older pine trees,...
Finnish Yle reports on a raw timber cartel, which operated in Finland between 1997-2004. Forest Research Institute Metla estimates the value of direct losses for private forest owners to over one billion Euros. The indirect losses reached a few hundred million Euros.
Almaty, Kazakhstan, Jan 4, 2011, - Kazakhstan Kagazy PLC (the "Group"/the "Company") has pleasure in announcing its unaudited results for the 9 months ended 30 September 2010 (the "Period"). These results have been extracted from consolidated unaudited financial statements for the Period and...
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. That is the...
There's been nothing quite like it in the ancient Forest of Dean since the last time a Conservative government tried to privatise Britain's largest oak forest. In 1993, the threat to sell off 42 square miles of woodland between the rivers Severn and Wye in Gloucestershire was only repelled...
BHUBANESWAR: Its jungles as well as protection staff under increasing attack, Forest Department of the State is all set to add local wisdom and intelligence to its protection measures this new year. It has proposed to add a new layer to its field staff to strengthen the mechanism. The...
As Ecosystem Marketplace wishes you and yours some New Years luck in this special edition, we offer a look back at 2010 – replaying your reader-ranked Top (20)10 Stories and sage predictions for the coming year from some of the market’s most influential players.
The Federal Government has underlined the importance of Reducing Emissions from Deforestation and Forest Degradation (REDD+) programme as a responsive measure to mitigate climate change effects.
State governments in Nigeria appear to have taken up a campaign to address the impact of the changing global climate. If the outcome of a series of presentations at a recent forum in Lagos is anything to go by, indications are that a basketful of adaptation and mitigation initiatives has either...
LIMA, Dec 27, 2010 (IPS/IFEJ) - The construction of five hydroelectric dams in Peru as part of an energy deal with Brazil will do considerable damage to the environment, such as the destruction of nearly 1.5 million hectares of jungle over the next 20 years, according to an independent study. More...
THE recent Cancun climate- change agreements’ fatal flaw is simple: faith in fickle markets. A year from now in Durban, the apparently unifying strategy of combining ever- broader emissions trading with a modicum of north-south aid to resolve contradictions between national blocs will again...
In the margins of the UN Climate Change Conference (29.11. – 10.12.2010 in Cancun, Mexico), the Federal Government signed an agreement with the World Bank on the funding of forest-protection projects. Germany contributes 44 million Euros under the so-called Forest Carbon Partnership. This sum...
Forests can emit carbon dioxide when the land is cleared, especially through burning, or when trees are left to rot. On the flip side, forests can soak up carbon dioxide from the atmosphere. The International Panel on Climate Change (IPCC) estimates about 20% of global carbon dioxide emissions...
Many trees are private goods. If you own some, you can probably do whatever you want with them. As a rational economic actor, you can respond effectively to incentives. If the price of wood goes up, you can decide to chop your trees down and sell them.
(De Ware Tijd) – In January, construction will start of a so-called ‘carbon lab’ at the premises of Berg en Dal on the Suriname River. This research project, which will measure the storage of carbon in the soil and trees, must provide more information about the monetary value of Suriname’s forests...
There is concern that over 90 per cent of Nigeria’s forests have already gone, and more than half of what remains is found in Cross River State. The forest there is considered to be one of the richest biodiversity reserves in Africa. Last December in Copenhagen, the state’s officials unveiled...
An Australian academic says feeding themselves will become very difficult for the majority of Papua New Guineans if more forests aren’t cleared for farmland. Ron Duncan says the comment was in response to a report by the PNG Forest Industries Association that looked at the country’s prospects...