Word: timber
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...years ago, big private banks didn't feature on environmentalists' hit lists; activists focused on large corporate polluters in the oil and timber industries. Over time, though, green groups have realized that one effective way to halt destructive practices is to take on the institutions that bankroll them. "The private financial sector, more than any other, has the ability to begin the ecological U-turn modern society so desperately needs," says Ilyse Hogue, director of the global finance campaign at Rainforest Action Network (ran), which led the fight against JPMorgan Chase. Yet even as they have publicly confronted big financial...
...breeze, gently ushering fresh air into homes and offices while funneling stale air out. Solar photovoltaic panels soak up the sun - even on cloudy days - contributing to the development's overall power mix. Most of the community's heat and electricity come from a 130-kW generator fueled by timber clippings and similar waste from landscaping work...
There is a war going on in the Western U.S., and battalions of men and women from all over the country are fighting it. With water tanks, pumps and miles upon miles of hoses, this yellow-clad army is struggling against fires that are raging through the tall timber of the Pacific Northwest, the grasslands and sagebrush of Oregon and Nevada, the tinder-dry chaparral of California...
...Babcock is crouching over one promising timber in the Baker backyard, like a detective on the trail of colonial history. His blunt fingers run over the surface, ivory with age, tracing arcs and circles cut 300 years ago. "They didn't have rulers. They did everything by compass." Another beam reveals a row of auger holes, evidence of a hayrack. "Too low for horses," declares the Sherlock Holmes of barns. "Sheep, undoubtedly...
Goldsmith says he went after Crown Zellerbach for its almost 2 million acres of timberland holdings. Said he: "It's a huge gamble, but in the long run the price of timber will rise." Some industry observers think that he may restructure the company, keeping the forest holdings but selling off pulp and paper mills. In 1982 Goldsmith purchased Diamond International, another timber-products company, and then sold off pulp, paper and other divisions for an estimated $500 million gain. SCANDALS $10 Million in Back Taxes...