Economy
Limiting the fall of prices
HAKAN EKSTROM
The black liquor tax credit in the US has limited the fall of wood chip and pulpwood prices in the 2Q/09, reports the North American Wood Fiber Review
In 2008, US pulp companies started to take advantage of a loophole in the US tax law, which will result in an influx of billions of dollars to a struggling industry. As a consequence, prices for wood chips and pulpwood in the US have not fallen as much as they would have without the subsidy, reports the North American Wood Fiber Review
The full article can be found in the attached file: PR_Black_Liqour_2Q_09.pdf