Friday, December 26, 2008

Environmentalists now want to subsidize tree harvesting

Yes, friends, those wacky environmentalist are now concerned that falling lumber prices will cause the timber companies to sell their land to developers. Wait, those are the same developers that are going out of business because no one wants to buy a house?

Link

You might guess environmental groups would be glad timber prices have collapsed to where loggers' chain saws have fallen silent and sawmills are shutting down.

Instead, they're nervous. If logging doesn't pay, the same timber companies some environmentalists have blamed for ruining the forest may get rid of the forest -- selling off their prime real estate. Then subdivisions could grow instead of trees, absent the wildlife, clean water and other benefits forests typically present.