Canada’s managed forests are not net emitters of carbon but rather are a net carbon sink, writes Michel Kelly\u002DGagnon. Read more.
For many years now, the Natural Resources Defense Council has published official-looking reports attacking the Canadian logging industry. With these studies, it hopes to get federal regulators to adopt a new emissions calculation method, one that would paint a darker picture of Canada’s forestry industry than the facts warrant.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
In an effort to set the record straight, our team at the Montreal Economic Institute undertook this missing criticalof the NRDC’s latest attack on Canada’s forestry industry. What we found were assumptions with little basis in fact that are at odds with the standards used by both regulators and area experts around the globe.
In its latest report, the NRDC teams up with Nature Canada to call on Ottawa to limit its carbon emissions and removals data only to recently harvested areas. Using this methodology, the NRDC that forestry emitted a whopping 75 megatonnes of CO2 equivalent in 2020. The inevitable conclusion is that forestry is harmful and should be curtailed.This advertisement has not loaded yet, but your article continues below.
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