Lagging fibre supply gets $50M jumpstart for pulp and paper industry

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B.C. Premier David Eby announced $50 million in funding Thursday to increase the fibre supply for the struggling pulp and paper industry.

“We know that access to fibre is one of the most critical challenges facing the industry and we’re working hard to find new sources,” said Eby.

“This aligns with the government’s CleanBC Roadmap to 2030 and its focus on creating more well-paying jobs within the forestry industry,” the ministry said. The statement also touted the positive impact the investment will have on B.C. communities by keeping local mills running, while also addressing issues of wildfire risks and reducing carbon emissions.

The BC Pulp and Paper Coalition has been lobbying the government for this kind of money in order to solve a wood fibre shortage in B.C. that has resulted in the closure of many mills. He said Price Waterhouse Coopers recently determined that a $150 million investment by the province to retrieve discarded fibre could have a return worth billions of dollars.

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 /  🏆 59. in PT
 

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Where is the fiber coming from? We need to farm sources of fiber other than logging.

Portugal Últimas Notícias, Portugal Manchetes

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