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

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