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by jjk166 1422 days ago
The price of lumber is currently the same as it was in 2018. The price spike during the pandemic was due to reduced saw mill capacity and subsequent panic buying. At no point in time were we running low on trees.

We would need to consume timber at about 1000 times the current rate for timber demand to equal the necessary tree planting rate for carbon capture.

1 comments

Do you think there is any room for induced demand of timber? Like in 40 years we cut down a bunch of trees to sequester the carbon and people find new innovative things to do with the lumber, not just in construction but also in material science, packaging, etc.

I’m thinking about salt as an example. It is a by-product of many industries and cost have gone down a lot since the industrial revolution. I’m imagining that today’s salt demand is heftily induced as a result. I mean, it is cheap enough to spray on highways to melt the ice.