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- (-) Forest Products
- (-) January 2023
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The Ministry of Economy, Trade and Industry (METI) proposed default greenhouse gas (GHG) emission values for biomass feedstock eligible for the feed-in tariff and feed-in premium (FIT/FIP) programs for power generation.
Canadian wood pellet production is forecast to remain stable for 2022 at 3.5 million metric tons. Canada's wood pellet exports are forecast to grow five percent on increased demand from Europe and Asia.
Through its phased-in tariff reductions, the agreement will raise challenges for U.S. products including wine and spirits, cotton, pulses and beans, forest products, and tree nuts.