Global pulp mill industry growth threatens forests

The rapidly expanding world pulp mill industry could be poised for collapse due to a failure by financial institutions to research how wood is going to be found to feed new mills, the Indonesian-based Center for International Forestry Research (CIFOR) said in a report.

It said false assumptions about the origins and cost of wood used in emerging market mills has led investors to channel billions of dollars into financially risky and environmentally destructive ventures.

Will there be any wood left for your wood stove? Find out at Forbes