Strong arguments to reform – or even overhaul – the EU’s LULUCF regulation have been put forward by Ulf Larsson, CEO of Sweden’s forest industry giant SCA, amid growing concerns that European forests cannot meet the expectations laid out in current climate policy frameworks. In an op-ed published Wednesday, Larsson warns that the land use, land use change and forestry (LULUCF) regulation is based on assumptions that are no longer aligned with the reality on the ground. While European forests have historically acted as significant carbon sinks, growth is slowing and risks are rising, making current targets increasingly ...