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Biden’s New Forest Plan Will Backfire

by Index Investing News
December 21, 2023
in Opinion
Reading Time: 1 min read
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The Biden Administration gave its friends in the climate lobby an early Christmas gift on Tuesday by restricting logging on tens of millions of acres of national forests.

The U.S. Forest Service is proposing, for the first time, to amend simultaneously all of its forest management plans to effectively ban logging on nearly 25 million acres of “old growth” forests. This is a land grab if there ever was one. The agency claims that conserving older trees will fight climate change since they suck up and store CO2. Not if they go up in smoke.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



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