Wood Product Sector Already Dealing with Obstacles from Economic Situation
"Although the AF&PA study focused on job losses in the pulp and paper sector, it is very reasonable to expect that mills and jobs in the wood products sector will also be hard hit. The wood product sector would face about $1.8 billion in capital expenditures under the proposed Boiler MACT rule. With the continuation of the downturn in the housing market, even less capital availability, and lack of profits in the last two years, tens of thousands of jobs could also be at risk in the wood products sector from Boiler MACT.
"The effect of the Boiler MACT regulation, as currently proposed by the Environmental Protection Agency (EPA), is staggering considering that the scope of job loss numbers will extend beyond wood product sector workers to include others in the wood products supply chain as well as other businesses, many in rural communities, who are supported by mill workers and their families. As mentioned in our comments filed with EPA last week, we believe there must be a balanced approach to protecting both jobs and the environment."