The projects are aimed at reducing wildfire risk, enhancing forest health, and getting more fiber into the hands of mills and energy producers.
News in timber
US Domestic Wood Pellet Sales Decline in 2024, but Exports Increase
US manufacturers produced 10.71 million metric tons of wood pellets in 2024, the EIA and Biomass Magazine reported.
US National Interagency Fire Center Wildfire Update as of April 18
There are a total of 8,594 acres burning and only 19 of the 31 large wildfires are partially contained.
Microsoft Signs Deal to Remove 3.7 Million Tons of Carbon From US Pulp and Paper Mill
Microsoft announced that it and carbon dioxide removal project developer CO280 has signed one of the largest engineered CDR purchase deals to date, ESG Today reported.
March Ice Storm Damages 920,000 Acres of State Forestland in Michigan
Approximately 919,500 acres of state forests have been damaged in Northern Michigan in the aftermath of a severe ice storm in March, MLive reported.
Campbell Global Closes $1.5 Billion Forest and Climate Fund
J.P. Morgan Asset Management announced the close of Campbell Global’s Forest & Climate Solutions Fund II at $1.5 billion, exceeding its fundraising target.
US Intercepts Cargo Infested With Asian Long-Horned Beetle Larvae in Port Huron, MI
CPB intercepted a highly invasive wood-boring beetle before it could destroy US forest and ecosystems, UPI reported.
EFM Purchases 68,000 Acres on the North Olympic Peninsula From Rayonier
EFM has finalized the purchase of 68,000 acres in Washington, with plans of managing the forests through climate-smart practices, the Peninsula Daily News reported.
BC Announces Actions to Reduce Wildfire Risk and Enhance Forest Stewardship
BC aims to ensure long-term sustainability and good-paying jobs by enlisting BC Timber Sales to play a larger role in reducing wildfire risk and enhancing forest and community resilience.
USDA Announces Reforms to Protect National Forests and Boost Timber Production
The Secretary of Agriculture issued a memo to establish an “Emergency Situation Determination” on 112,646,000 acres of National Forestry System land.