Four dividend-paying timber companies that could help in fight against climate change [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Four dividend-paying timber companies that could help in fight against climate change What are we looking for? North American timber companies that could benefit from an increased demand from the building industry for their products. The screen Last month, officials from almost 2 countries gathered in Poland to mark the third anniversary of the Paris Agreement and discuss how they were going to keep their promise of holding climate change this century to well below 2 degrees Celsius above preindustrial levels. The energy and transportation sectors receive a lot of attention in any climate-change discussions, but the building industry will also make the Paris goal difficult to achieve. Cement- and steel-making account for 6 per cent and 8 per cent of the world’s carbon emissions, respectively. Perhaps counterintuitively, the way to a greener future might be wood. Producing a laminated wood beam requires one-sixth of the energy of making a steel one of equal strength, according to a rep
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