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Latest timber industry news, updated on Tuesdays and Thursdays.

Australia sees REDD with Indonesia project

Indonesia’s change of government in the province of Aceh may cause a large Australian-owned forest-carbon project to be abandoned. Sources: The Sydney Morning Herald, The Brisbane Times, Maribyrnong Weekly
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Strong NZ dollar may impact forestry

The risk of the kiwi dollar remaining higher than expected over the next four years is the biggest risk to Government forecasts for growth in the nation's farm, forestry and seafood exports, a new Government report says. Source: New Zealand Herald News
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Tasmania granted Future Forest help

Two significant research facilities will be developed at the University of Tasmania thanks to a $5 million grant announced by the Gillard Government. Source: Timberbiz
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Institute of Foresters critical of IVG

The Institute of Foresters of Australia has released a paper titled Critique of the Work of the Independent Verification Group saying the IFA has been ignored throughout the Tasmanian Forests Intergovernmental Agreement process (IGA). Source: Timberbiz
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SA forest deal is closer

The Future Fund-backed The Campbell Group, US-based Hancock Natural Resource Group, and Sydney-based New Forests have commenced detailed due diligence on ForestrySA. Sources: Australian Financial Review, The Stock Journal
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Abbott against clearfelling

Parliamentary secretary for forestry Sid Sidebottom has attacked opposition leader Tony Abbott over logging. Source: The Weekly Times
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Biomass gas for Texas

Biomass gasification is being considered as a possible technology for converting 60 million acres of Texas brush into biofuel, according to Dr Jim Ansley, Texas AgriLife Research rangeland ecologist in the US. Source: North Texas eNews
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Russia spies on its forests

A global provider of high-resolution earth imagery solutions announced it would significantly expand delivery of high-resolution imagery to Roslesinforg, a division of the Federal Forestry Agency of Russia. Source: Market Watch
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Masters webstore goes live

After announcing early this year that the Masters hardware stores would offer an online product the company has now gone live with its website. Source: Power Retail
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