Sweden and Finland warned this week that strict EU climate rules on forestry could have severe economic consequences, urging Brussels to revise its targets for carbon absorption from forests. As part of the European Union’s drive to reach net zero emissions by 2050, both countries are required to increase the amount of CO2 absorbed by their forests under the Land Use, Land-Use Change and Forestry (LULUCF) regulation. But Stockholm and Helsinki said they are set to miss the targets for both 2021-25 and 2026-30, citing the impact of climate change on forest growth and ...
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