Forestry

Smart Prosperity Institute research identifies three priorities to seize the economic opportunity of mass timber in British Columbia

Retrieved on: 
Wednesday, March 6, 2024

However, stakeholders in British Columbia (BC) are exploring mass timber as a potential driver of economic growth.

Key Points: 
  • However, stakeholders in British Columbia (BC) are exploring mass timber as a potential driver of economic growth.
  • If this sector continues to grow, mass timber can be a source of investment and employment for rural and resource-dependent communities by invigorating the forestry industry and diversifying local economies.
  • The decline in the forestry sector has resulted in job losses across British Columbia, but a thriving mass timber sector could help generate novel growth opportunities in small Northern communities.
  • As of 2023, more than 350 mass timber projects have been built or are under construction across the province.

Hunton Andrews Kurth Welcomes Travis G. Hill, Former CEO of Virginia ABC Authority, to Global Economic Development, Commerce, and Government Relations Team

Retrieved on: 
Tuesday, February 27, 2024

“In just a few short years, Hunton Andrews Kurth’s public affairs consultancy has grown into a valuable resource for clients,” said Randall S. Parks , Chairman of the Hunton Andrews Kurth Executive Committee.

Key Points: 
  • “In just a few short years, Hunton Andrews Kurth’s public affairs consultancy has grown into a valuable resource for clients,” said Randall S. Parks , Chairman of the Hunton Andrews Kurth Executive Committee.
  • “The group’s remarkable growth and diverse roster of clients demonstrates the quality of our government relations, economic development, and communications professionals.
  • We are excited to continue expanding our team and range of services with Travis’ addition.”
    Most recently, Hill served for almost a decade as head of Virginia ABC.
  • With lawyers in the United States, Asia, Europe and the Middle East, Hunton Andrews Kurth LLP serves clients across a broad range of complex transactional, litigation and regulatory matters.

CHAR Technologies Recognized as a Top 50 TSX Venture Exchange Company

Retrieved on: 
Thursday, February 22, 2024

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange, making this the second nomination.

Key Points: 
  • TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- CHAR Technologies Ltd. (“CHAR Tech” or the “Company”) (TSXV:YES), a leader in sustainable energy solutions, is pleased to announce that it has been named as one of the top performers on the TSX Venture Exchange, making this the second nomination.
  • The 2024 TSX Venture 50, comprising 10 companies from each of the five industry sectors, celebrates excellence in market capitalization, share price appreciation, and trading volume.
  • CHAR Tech’s consistent performance and innovation in cleantech have secured its place among the elite in this prestigious ranking.
  • “Our recognition as one of the top performers on the TSX Venture Exchange for the second consecutive year is a testament to our dedication to excellence and innovation,” said Andrew White, CHAR Technologies’ CEO.

Better Place Forests partners with the Arbor Day Foundation to Restore Forested Land

Retrieved on: 
Wednesday, March 6, 2024

Better Place Forests entered a partnership with the Arbor Day Foundation to further its sustainable mission.

Key Points: 
  • Better Place Forests entered a partnership with the Arbor Day Foundation to further its sustainable mission.
  • View the full release here: https://www.businesswire.com/news/home/20240306960441/en/
    The partnership between Arbor Day Foundation and Better Place Forests will help protect and support reforestation efforts so future generations can enjoy the healing power of nature.
  • For each Memorial Tree chosen, Better Place Forests will plant 25 - 500 saplings in partnership with Arbor Day Foundation.
  • “The forests are the heart of our company, so finding a partner like the Arbor Day Foundation is a natural fit,” said Adam Tibbs, CEO of Better Place Forests.

Compass Minerals and Utah Division of Forestry, Fire and State Lands Entering into Voluntary Agreement Regarding Water Conservation on the Great Salt Lake

Retrieved on: 
Wednesday, March 6, 2024

Compass Minerals and FFSL are currently crafting a binding Voluntary Agreement based on the framework established within the Term Sheet.

Key Points: 
  • Compass Minerals and FFSL are currently crafting a binding Voluntary Agreement based on the framework established within the Term Sheet.
  • “We recognize that a healthy Great Salt Lake is essential to both the environmental and economic well-being of the region,” said Edward C. Dowling Jr., president and CEO.
  • “It’s critical we strike the right balance between industry’s ability to extract the various minerals found in the lake without compromising the health of the lake,” added Great Salt Lake Commissioner Brian Steed.
  • The Commissioner’s Office appreciates the leadership of the Legislature and the willingness of Compass Minerals to take these important steps to protect the Great Salt Lake.”

SCS Technologies Donates 1,125 Trees to Galena Park Community Through Urban Reforestation Event

Retrieved on: 
Tuesday, March 5, 2024

On March 23, 2024, from 9 a.m. to 12 p.m., free trees will be distributed in a drive-through event at the Galena Park Resource and Training Center at 1721 16th Street, Galena Park, Texas.

Key Points: 
  • On March 23, 2024, from 9 a.m. to 12 p.m., free trees will be distributed in a drive-through event at the Galena Park Resource and Training Center at 1721 16th Street, Galena Park, Texas.
  • This urban reforestation event is part of SCS’ commitment to planting 1 million trees by 2030.
  • “It is inspiring to partner with companies like SCS Technologies and the other committed supporters of this urban reforestation event who are dedicated to reducing carbon emissions and revitalizing communities like Galena Park.
  • “The Galena Park community recognizes the role trees play in improving air quality and increasing green space across the city.

New Arbor Day Foundation Report Details Importance of Investment in Voluntary Carbon Market

Retrieved on: 
Monday, March 4, 2024

A new report summarizing the Arbor Day Foundation’s 2023 learnings and observations of the voluntary carbon market concludes that investment in the voluntary carbon market is key in addressing the climate crisis.

Key Points: 
  • A new report summarizing the Arbor Day Foundation’s 2023 learnings and observations of the voluntary carbon market concludes that investment in the voluntary carbon market is key in addressing the climate crisis.
  • Our team of experts is deeply in tune with the market and its players,” said Dan Lambe, chief executive of the Arbor Day Foundation.
  • The Arbor Day Foundation’s wholly-owned subsidiary, Arbor Day Carbon, leverages people and partnerships to accelerate the impact of forestry through the vetting, funding and selling of carbon credits.
  • Click here to view the report and to learn more about Arbor Day Carbon, visit carbon.arborday.org .

Global Market for Biochar 2024-2034: Granular 10-year Demand Forecasts for Biochar Segmented by 30+ End-user Applications Across Agriculture, Wastewater Treatment, Construction and Filtration - ResearchAndMarkets.com

Retrieved on: 
Monday, March 4, 2024

The porous carbon-rich material generated, resembling charcoal, can then be incorporated into soil as a means of long-term carbon sequestration.

Key Points: 
  • The porous carbon-rich material generated, resembling charcoal, can then be incorporated into soil as a means of long-term carbon sequestration.
  • Unlike normal charcoal that readily decomposes, biochar can persist in soil for hundreds to thousands of years.
  • This makes it a uniquely stable conduit for capturing carbon dioxide emitted from biomass that would otherwise return back to the atmosphere.
  • The Global Market for Biochar 2024-2034 provides an in-depth analysis on the global biochar industry across feedstocks, production technologies, applications, demand trends and leading companies.

 C3 AI Announces Third Quarter Fiscal 2024 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Following a successful six-month pilot, Holcim entered into a four-year agreement with C3 AI to scale C3 AI Reliability across its 100+ cement plants.

Key Points: 
  • Following a successful six-month pilot, Holcim entered into a four-year agreement with C3 AI to scale C3 AI Reliability across its 100+ cement plants.
  • Further, Holcim is implementing C3 Generative AI to enrich C3 AI Reliability and to assist with complex equipment troubleshooting.
  • In addition to the C3 AI Defense and Intelligence Suite, Paradyme will jointly market C3 Generative AI for Defense and C3 AI Law Enforcement .
  • The following table summarizes C3 AI’s guidance for the fourth quarter of fiscal 2024 and full-year fiscal 2024:

F&W and Everwood Forge Strategic Equity Partnership; F&W Expands in U.S. to Inland Northwest

Retrieved on: 
Tuesday, February 27, 2024

It also revealed a major expansion of its U.S. operations with the acquisition of Idaho-based Inland Forest Management.

Key Points: 
  • It also revealed a major expansion of its U.S. operations with the acquisition of Idaho-based Inland Forest Management.
  • F&W President Marshall Thomas said the company sought an equity partner to accelerate growth opportunities and Everwood was a natural fit.
  • Charles Flipo, president of Everwood, said: “Many landowners are increasingly managing their forestland to meet ambitious natural capital strategies.
  • The first expansion of operations is in the Inland Northwest region with the purchase of Sandpoint, Idaho-based Inland Forest Management (IFM).