Earlier this year, International Paper Springfield Mill Manager Doug Black and Environmental Engineer Laura Seyler testified before the Joint Carbon Reduction Committee on cap and trade legislation. Doug and Laura explained how the legislation, House Bill 2020, would put International Paper’s Springfield Mill at a significant disadvantage.
The bill intends to limit or “cap” green house gas emissions and establish a market based incentive program to reduce Green House Gas emissions. Although IP produces 75% of its energy from carbon-neutral biomass residuals, the remainder of our mill’s emissions would be subject to a carbon tax. If enacted, the Springfield Mill would be the only International Paper mill under a cap and trade program in the United States.
We have asked our employees in Oregon to weigh in with their Oregon House Representatives to modify the legislation as written and to consider the pulp and paper industries efforts to be carbon neutral. We will continue to monitor the legislation and any efforts to advance the bill in the next month.