Logging Industry

Interpol says corruption in global forestry sector worth $29 billion every year

Friday, December 9, 2016

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The international police organization Interpol released a report today that highlights the scale of corruption in the global forestry sector as well as the importance of coordinating law enforcement efforts across national boundaries in order to protect forests.

According to the report, the cost of corruption in the global forestry sector is some $29 billion annually. Bribery is the most common form of forestry corruption, followed by fraud, abuse of office, extortion, cronyism, and nepotism.

Modified wood product aims to save hardwood forests from the axe

Wednesday, September 14, 2016

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A hardwood substitute has been developed to effectively end the need to log native forests.

Researchers from the Flinders Centre for NanoScale Science & Technology (CNST) in South Australia have collaborated with Australian company 3RT Holdings Pty Ltd to develop a method for converting cheap pulpwood into a highly sustainable tropical hardwood substitute.

NSW native forests worth more if left standing: Australia Institute report

Wednesday, March 30, 2016

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Loading a logging truck in a south-east NSW logging coupe.

An economic analysis by The Australia Institute claims that native forest logging in NSW lost $79 million over the last seven years, but could be making a $40 million yearly profit if left standing and allowed access to the Federal Government's Emissions Reduction Fund (ERF).