Sustainable Management May Increase Profits For Timber Industry

PricewaterhouseCoopers, an accounting firm, predicts the British Columbia forestry industry will post an after-tax loss of C$1 billion in 1998 (US $1.5 billion). They are under seige from environmental groups and are being advised to implement sustainable certification or lose markets. Home Depot, one of the largest purchasers, is also under the environmental NGO gun, and is converting to certified lumber.