Agreement Addresses Role Of Private Working Forests In Lessening Climate Change Dynamics
Forest products industry, environmental and conservation leaders have announced an agreement of principles on the important role sustainably managed forests and forest products can play in mitigating climate change.
The principles were signed by the CEOs of 43 forest industry businesses representing more than 46 million acres of working forests across the U.S., along with CEOs of American Forests, American Forest Foundation, Environmental Defense Fund, National Alliance of Forest Owners and The Nature Conservancy.
The policy principles encourage incentive and market-based approaches to increase the carbon benefits of working forests and forest products. They recognize the important role that private sector participation, investment and partnerships can play in expanding carbon benefits from the forest sector. They also emphasize the need for robust science, data and life cycle analysis to guide policy.
Forest owners and forest products manufacturers are well positioned to optimize the carbon potential of the private working forest value chain through sustainable forest management and the manufacture of sustainable forest products. However, private forests are under increasing threat from uncharacteristic wildfire, pests and disease, drought and extreme weather events that can cause significant carbon releases and other environmental damage. In many private forests, addressing these threats requires sustainable management such as thinning, prescribed fire, and other forest management techniques that bolster forest health and resilience.
Some of the signees include J. Travis Bryant, President & CEO, Coastal Forest Resources Co.; Marc Brinkmeyer, Owner, Idaho Forest Group; James Irving, Co-CEO, J.D. Irving, Ltd.; Bob Lyle, President, Molpus Woodlands Group; Mike Covey, Chairman and CEO, PotlatchDeltic; David Nunes, President and CEO, Rayonier, Inc.; Grady Mulbery, President and CEO, Roseburg Forest Products; Mark Emmerson, Chairman and CFO, Sierra Pacific Industries; Brian Luoma, President and CEO, The Westervelt Co.; Steve Killgore, CEO, Timber Products Co.; Devin Stockfish, President and CEO, Weyerhaeuser.
Latest News
SmartLam Plans Glulam Facility
SmartLam North America, reportedly the largest manufacturer in North America of cross-laminated timber (CLT), announced it will build a $50 million glulam manufacturing facility in Dothan, Ala. The new SmartLam facility, to be built adjacent SmartLam’s existing CLT facility in a 144,000 sq. ft. structure, will manufacture…
Peak Announce SYP Pellet Mill
Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area. Construction on the facility is expected to be completed by mid-2023. Peak is building the plant adjacent the SmartLam cross-laminated timber plant and upcoming glulam facility in Dothan…
U.S. Housing Starts Dip In September, Both Single-Family & Multi-Family Soften
U.S. housing starts dropped 8.1% in September from August to a seasonally adjusted annual rate of 1.439 million, including a drop in single-family starts of 4.7% to 892,000 and a decline in multi-family starts of 13.1% to 530,000, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Interfor To Acquire Chaleur Forest Products
Interfor has announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.