Latest News
Forestry Investment News
Carbon consciousness will invariably benefit timber trade
04/06/2010
The global shift towards a more carbon-conscious society is only set to benefit the forestry and timber investment trades, a leading Scottish politician has said.
Scotland's Cabinet Secretary for Rural Affairs & the Environment, Richard Lochhead, said the nation had the potential to vastly increase the current 31,000 jobs in the forestry industry and the £670 million is contributes to their economy.
He was addressing the Low-Carbon Economy conference in Argyll this week. The event has been organised by Forestry Commission Scotland and the Confederation of Forest Industries (ConFor).
Mr Lochead said that maturing forests, high demand and lower imports are creating optimum conditions for the forestry industry in Scotland to maximise its potential.
"Scotland's timber harvest is expected to increase dramatically by almost 2 million tonnes over the next decade," he said.
"This increased productivity, combined with increasing prices and increasing demand for home-grown timber - both for construction and as a renewable heat and energy fuel - means that the sector is looking strong for the foreseeable future."
Mr Lochhead added that Scottish timber companies had managed to buck the international economic downturn and had a golden opportunity in front of them to realise exceptionally good prospects.
Scotland's Cabinet Secretary for Rural Affairs & the Environment, Richard Lochhead, said the nation had the potential to vastly increase the current 31,000 jobs in the forestry industry and the £670 million is contributes to their economy.
He was addressing the Low-Carbon Economy conference in Argyll this week. The event has been organised by Forestry Commission Scotland and the Confederation of Forest Industries (ConFor).
Mr Lochead said that maturing forests, high demand and lower imports are creating optimum conditions for the forestry industry in Scotland to maximise its potential.
"Scotland's timber harvest is expected to increase dramatically by almost 2 million tonnes over the next decade," he said.
"This increased productivity, combined with increasing prices and increasing demand for home-grown timber - both for construction and as a renewable heat and energy fuel - means that the sector is looking strong for the foreseeable future."
Mr Lochhead added that Scottish timber companies had managed to buck the international economic downturn and had a golden opportunity in front of them to realise exceptionally good prospects.


RSS