⌛️🧮 Bruce Carnwell (🐣 & 🌴)May 23, 2023
This is fantastic news! End of #nativeLogging in Victoria ‘a monumental win for #forests’, say conservationists & everyone else who cares about the environment & the #world !
https://www.theguardian.com/australia-news/2023/may/23/end-of-native-logging-in-victoria-a-monumental-win-for-forests-say-conservationists?CMP=Share_iOSApp_Other
End of native logging in Victoria ‘a monumental win for forests’, say conservationists

The shutting down of the industry six years earlier than scheduled comes after decades of conflict

The Guardian
Penny TangeyDec 20, 2022

We've all been waiting for VicForests' Annual Report and, Happy Christmas, it's finally here.

I thought it would be a bad result for them, but it is much worse than I anticipated.

"VicForests returned a net loss from continuing operations after tax of $54.2 million (2021: $4.7 million)."

This is AFTER receiving $25 million from the Victorian Government.

It makes no economic sense to continue this industry any longer.

https://www.vicforests.com.au/static/uploads/files/vf-annual-report-2022-final-201222-wfjdjhwlojpk.pdf

#VicForests #NativeLogging #StopNativeLogging #JustTransition