The forest-products industry fears there's little substance to a plan to end a legal logjam that has drastically curtailed the timber harvest in the Pacific Northwest. Administration officials struck a deal with environmental groups that would allow the cutting of 200 million board feet of lumber in the next few months--if the trees are taken in ways that don't hurt the endangered spotted owl. But the groups still have to approve the specific areas where logging will resume. "I don't think we're going to get as much as a toothpick," grumbles Mark Rey of the American Forest & Paper Assn.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Marc Faber Asked to Leave Sprott Board After Racist Report
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing