After China Bought Land in TX, Foreign Company IKEA Scoops up 11K Acres of US Forest


So many foreign entities, and creeps like Bill Gates buying up large amounts of American land lately…what gives?

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We know that China bought up massive amounts of prime Texas frontier land near Fort Hood not so long ago.

In addition, super-creep Bill Gates is now the largest private landowner in the US after he bought up a massive amount of farm land.

And now, Swedish-owned IKEA – a junky furniture-maker – is buying up 11K acres of GA forest land, reportedly to “save the trees.”

RELATED: China Just Made a Major Chess Move in Texas

How’s that for irony?

From Conservation Fund

IKEA bought up the land as part of a strategy to reduce more carbon than it creates through its business. Thanks to IKEA, the working forest in the Altamaha Basin will remain intact and continue working to suck up CO2 from the atmosphere.

The forest was technically bought up by the IKEA subsidiary Ingka Group, which has worked with The Conservation Fund, a non-profit that has protected over 8-million acres of forests in the U.S. from fragmentation and development. The Ingka Group owns over 616,000 acres of forests like this one in the U.S. and Europe, strategically choosing to ensure the highest international standards for good forest management.

A spokesperson for the brand said that “no significant amount” of wood from the forests is currently used in Ikea products.

“We are honored to work with Ingka Group and applaud its dedication to preserve and enhance forest quality in the U.S. and Europe,” said Larry Selzer, President and CEO of The Conservation Fund. “Well-managed forests provide essential benefits, including clean water and important wildlife habitat, as well as mitigating climate change.”

“The transfer of these lands to Ingka Investments completes our Working Forest Fund process, through which we identify and buy important, at-risk private forests; develop sustainable harvest and restoration plans; (and) secure permanent conservation protections to block fragmentation and development,” he continued.

“We are delighted to continue our forestland acquisitions in the U.S. With this new acquisition, we own roughly 55,000 hectares (136,000 acres) in five states – Georgia, South Carolina, Alabama, Texas and Oklahoma. This investment in Georgia is special to us as our partners from The Conservation Fund understood our long-term vision and have entrusted us to ensure the protection of the forestland,” said Krister Mattsson, Managing Director Ingka Investments.

If IKEA and their subsidiary companies really want to make a difference in the environment and protect trees, they could consider making furniture that lasts and doesn’t get thrown in a landfill a couple of months because it’s such junk.

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Perhaps they could offer young people – the most “environmentally aware” consumers around, a better value for the money so they don’t have to keep going back over and over again to repurchase the same item that keeps falls apart?

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To me, that would be a really big step towards “saving forests.”

 

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