QUIZ: Elon Musk will soon launch the first wood satellite: true or false?
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April 28, 2021
Trillion Trees Act Reintroduced
The House Natural Resources Committee ranking member reintroduced the Trillion Trees Act as a core strategy to mitigate greenhouse gas. The bipartisan bill, supported by more than 30 stakeholder groups, creates a national program to increase tree nursery capacity, including a $1 billion loan program for tree nurseries.
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April 28, 2021
U.S. Sanctions Burma's Key Timber Enterprise
On April 21, the U.S. Department of Treasury sanctioned two of Burma's state-owned enterprises: the Myanmar Timber Enterprise and Myanmar Pearl Enterprise. The timber and pearl industries are key economic resources for the Burmese military regime; these sanctions are not directed at the people of Burma.
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April 28, 2021
The Top Investor In Vietnam's Timber Industry Is China
In the first three months of this year, foreign investors from six countries opened 10 new wood products plants in Vietnam. The total invested capital amounts to more than $112 million. Investors from China accounted for half of the new projects. The remaining five countries invested in one project each over the same period.
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