NEWS

DHA member Roseburg took center stage on the Fox Business Network's Manufacturing Marvels segment. The TV crew recently stopped by Roseburg's Riddle, OR, plant to see how Roseburg manufactures hardwood and softwood plywood from their own responsibly raised forests.

The Biden administration published guidelines—not requirements—for responsible participation in voluntary carbon markets. Signed by White House officials and the Treasury, Agriculture, and Energy secretaries, the document shows government support with the disclaimer that current credits may not have the impact they claim.
 

The market for carbon offsets, which had grown to nearly $2 billion in 2022, plummeted by 61% to $723 million in 2023. The decline occurred after a number of scientific and media assessments showed that many offsetting schemes do not help mitigate climate change or biodiversity loss.

The IRS will publish a proposed rule for the Clean Electricity Production Credit and Clean Electricity Investment Credit. The rule outlines the pathway for combustion and gasification technologies, like biomass, to be evaluated via a lifecycle analysis as required by the Clean Air Act. The guidance ties electricity generation to net zero carbon emissions.

Cabinet sales volume fell by 6.3% year-to-date through April. The value of cabinets sold dropped by 6.9%. April sales volume was down by 2.5% vs. March.
 
Read more: April Trend of Business Report →