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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global
July 7, 2021

Leaked EU plan to green its timber industry sparks opposition

Leaked EU plan to green its timber industry sparks opposition
A European Union strategy to boost forest protection has turned a simmering scientific debate into a full-blown firestorm, pitting one of the bloc’s oldest industries against a perceived power grab by technology-driven regulators.    More than two-fifths of Europe is covered by woodlands, which play a pivotal role in capturing and storing greenhouse gases that would otherwise compound climate change when they amass in the atmosphere. Trees are also the foundation of a 640 billion-euro ($760 billion) industry that employs millions of workers who harvest timber for building material and energy.  ...

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