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(Bloomberg) A European Union strategy to boost forest protection has turned a simmering scientific debate into a full-blown firestorm, pitting one of the bloc’s oldest industries against a perceived power grab by technology-driven regulators.
More than two-fifths of Europe is covered by woodlands, which play a pivotal role in capturing and storing greenhouse gases that would otherwise compound climate change when they amass in the atmosphere. Trees are also the foundation of a 640 billion-euro ($760 billion) industry that employs millions of workers who harvest timber for building material and energy.
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As the European Union is grappling to respond to the twin crises of climate and biodiversity breakdown, one thing has become clear: we need healthy forests to protect and restore nature and the global climate.