Boise Cascade CEO Says U.S. Has Responsibility to Halt Increase in Greenhouse Gas Emissions



    
    CEO Zooms in on the People and Communities That Will Be Affected by
    Congress's Actions
    

    WASHINGTON, March 27 /CNW/ -- The U.S. should set its sights on halting
the increase in greenhouse gas emissions on a worldwide basis, said Boise
Cascade Chief Executive Officer Tom Stephens today. He was in Washington to
testify before the U.S. House of Representatives Energy and Commerce
Subcommittee on Energy and Air Quality on a panel with representatives from
environmental organizations and a global investor.
    Stephens said the U.S. must also focus on development and integration
into our economy of new technologies that can help us conserve energy,
rebalance our energy sources away from those that produce carbon, and
sequester carbon back into the earth. He said, "Today, the U.S. is debating
how to take a giant step in the right direction. And, as the world's economic
and innovation leader, I believe it is the U.S.'s responsibility to take this
step.
    "I suggest that while Congress should enact rational, constructive, and
timely legislation, it should be very careful to avoid creating unintended
results," Stephens added. "Doing it right is much more important than doing it
quickly."
    Stephens used the five minutes allotted for his testimony to zoom in on
some real-life people and communities that will be significantly influenced by
the actions of Congress on this issue. "Employees at our paper mill in St.
Helens, Oregon, are already fighting for our mill's survival because of the
high cost of energy and raw materials in the Northwest.  In the center of the
best place in the world to grow Douglas fir, the high cost of fiber and energy
is threatening the existence of the mill.  Our competition is no longer just
the paper mill in the next town, but the new ones being built in places like
China and Indonesia.
    "We are not asking for a bailout of our St. Helens mill; we are just
asking that Congress maintain a level playing field and not dig the hole
deeper.  If we can keep our market share and make paper in St. Helens rather
than buying it from China, U.S. employees and customers will be better off --
and so will the environment. It's a win-win," said Stephens.
    Stephens added: "There are several other major issues related to climate
change legislation concerning our operations that I don't have enough
allocated time to outline today.  But in another forum, I would like to expand
on the mass confusion that exists around forest management and climate change.
Suffice it to say that every year, forest fires in Oregon produce enormous
amounts of carbon dioxide, in some years as much as all other sources
combined. Letting federal forests burn, not letting industry salvage dead
trees, and then not providing funding to replant the forest to create carbon
stores, is just plain dumb."
    Yesterday, Boise announced that it will reduce from a 2004 baseline its
total greenhouse gas emissions an additional 10% by 2014. The company will
reach this goal through energy conservation programs, by converting from
fossil fuels to renewable biomass fuels, and by exploring combined heat and
power (cogeneration) opportunities. In the five years prior to the 2004
baseline, Boise reduced its total greenhouse gas emissions by 5%. Boise set
this new goal in conjunction with the Environmental Protection Agency's
Climate Leaders Partnership.

    
    About Boise Cascade
    
    Boise, headquartered in Boise, Idaho, manufactures engineered wood
products, plywood, lumber, and particleboard and distributes a broad line of
building materials, including wood products manufactured by the company. Boise
also manufactures a wide range of specialty and premium products, including
imaging papers for the office and home and papers for pressure-sensitive
applications, as well as printing and converting papers, containerboard and
corrugated boxes, newsprint, and market pulp.  Visit Boise's website at
www.bc.com.





For further information:

For further information: Media Contact, Mike Moser of Boise Cascade, 
+1-208-384-6016, or cell, +1-208-867-4346; or Investor Relations Contact, Rob 
McNutt, +1-208-384-7023, for Boise Cascade Web Site: http://www.bc.com

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BOISE CASCADE CORPORATION

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