Taxing the Timber Industry

Paper Summary:

The paper explains that timber is not only an important economic commodity, it also plays an important role in the ability of the earth to sustain life on our planet. The forest is an integral part of the soil cycle, water cycle and the removal of carbon dioxide from our air, yet the timber industry involves removing these vital trees. The paper explores how taxation would be an effective means to accomplish the goals of sustainable development in the forestry industry. The paper uses the Georgia Pacific as a case study for the application of the proposed changes in policy.

Outline:
Introduction
General Information
Strategy
Costs
Possible Complications
Conclusion

From the Paper:

"The timber industry is not to blame for these problems. Many of the timber companies have an active program in place to assure that they are following proper management practices including reforestation. Many have policies regarding the use of sustainable management practices such as select cutting, rather than clear cutting stands (Georgia Pacific 2006). Georgia Pacific is one of the biggest timber companies in the world and stands as an industry leader in the forestry products sector of the market. This company is an industry leader and as such has an important role in setting an example for other companies to follow. They have a social responsibility to carry out their harvests using the most ethical methods possible."

Sample of Sources Used:

• Central American Destruction Available online at http://www.talailegal-centroamerica.org/eng_index.htm.
• Dawson, Christie. Transit Rider Report. Third Quarter 2005. American Public Transportation Association.(APTA) 2005. Available online at http://www.apta.com/research/stats/ridershp/riderep/documents/05q3cvr.pdf.
• Forest2Market. Mississippi Timber Report. Vol 2 number 4. Fourth Quarter 2005. Available online at http://msucares.com/forestry/prices/reports/2005/4.pdf
• Georgia Pacific. Sustainable Forestry. Available online at http://www.gp.com/forestry/sustain.html. 2006.
• Illegal Logging Organization Available online at http://www.illegal-logging.info/.

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