Top Brazilian CEO Predicts ‘Catastrophic’ Amazon Deforestation

The effects of mass killings of trees could take years to be felt. The rate of destruction has jumped in over a decade

RIO DE JANEIRO, BRAZIL - (Bloomberg) There are few corporate chiefs in Brazil more outspoken on the environment than Walter Schalka, the head of the world’s largest producer of wood pulp. And he has a dire prediction for the Brazilian Amazon: Deforestation will accelerate this year.

“It’s going to be catastrophic,” Schalka, chief executive officer of Suzano SA, said in an interview in New York. “It’s going to be even worse than last year.”

The full scale of a recent log-and-burn push is not yet known, as clearing an area is a process that takes a . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?