News in timber

On Monday, the U.S. National Interagency Fire Center reported that the 2022 wildfire season continues to gain momentum and is currently at a at a pace that is well in excess of both 2021 and its 10-year average. Currently, more than 4,100 wildland firefighters and support personnel are assigned to incidents across the country.

In April, Maine Gov. Janet Mills signed into law legislation that establishes a program to commission projects that will burn wood to create electricity and also capture the heat produced for use on-site—heat that would go to waste in a conventional power plant. Some climate activists are cynical, saying questions remain as to whether the program will cut carbon emissions as intended.

The BC government is continuing to work through a process, which is already underway, to temporarily defer logging in priority old-growth forests. In turn, it allows the government time to work with First Nations to decide how they should be managed in the long term. Experts had identified 2.6 million hectares of unprotected old-growth forest at risk of permanent biodiversity loss.

PotlatchDeltic Corporation and CatchMark Timber Trust today announced that they have entered into a definitive agreement to combine in an all-stock transaction. The combination brings together two high quality timberland REITs, resulting in PotlatchDeltic owning approximately 2.2 million acres of diversified timberlands.

The B.C. government today still wants First Nations to reach a consensus before logging is deferred in old-growth forest on shared Indigenous territories. Tara Marsden, sustainability director for the Gitanyow Nation’s hereditary chiefs’ office in northwestern B.C., said consensus represents a “high bar” in a complex process.

Federal investigators announced that the two fires east of Santa Fe, New Mexico, which merged together in April to form the massive blaze at the southern tip of the Rocky Mountains to create the largest wildfire in New Mexico history, have been traced to planned burns set by U.S. Forest Service managers as preventative measures.

On Tuesday (5-31-22), the U.S. National Interagency Fire Center (NIFC) reported that the 2022 wildfire season remains well ahead of both 2021 and its 10-year average. Currently, more than 5,300 wildland firefighters and support personnel are assigned to incidents across the country. Year to date through March 31, 27,409 wildfires had been reported, and they had burned 1,889,439 acres.

A New Brunswick official said on Monday that the government is preparing to increase what it charges forestry companies for timber coming off of Crown-owned lands. The Minister of Natural Resources and Energy Development said New Brunswick’s seven-year-old timber royalties are too low given what’s happened with the price of lumber.

Oregon Governor Kate Brown signed into law the bipartisan Private Forest Accord. The package is the most comprehensive update to the Forest Practices Act since 1971, establishing new protections for salmon and other sensitive species on over 10 million acres of forestland in Oregon. The proposal seeks to meet federal standards.