Metsä Group’s Forest Director: Logging restrictions would lead to billions in losses

Metsä Group’s Forest Director: Logging restrictions would lead to billions in losses
According to Metsä Group's Forest Director Juha Jumppanen, limiting logging would mean significant economic losses in the EU and Finland.  If logging were reduced in Finland by 10-15 million cubic meters annually, it would mean a loss of two to three billion in added value and the loss of 11-17 thousand jobs in the forest sector value chain, especially in the provinces. ''When the added value of Finnish wood is 200 euros per solid cubic meter, the price of the emission allowance has been calculated by the EU at 50 euros per tonne of carbon dioxide ...

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