Definitely step in the right direction. I am surprised their estimate is only ~$160B in illegal logging annually. Other sources quote much higher numbers. Especially when we get to tropical hardwood.
> Why this law? Well, illegal logging is big business. Karen Williams, compliance specialist on the Lacey Act Program for the U.S. Department of Agriculture, explained the scope of the challenge. She said, “Illegal logging globally is estimated to be valued at $52-$157 billion dollars per year, which makes it the most profitable natural resource crime.”
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> The primary destination for most illegally sourced timber is China. And the U.S. government is working hard to keep illegal timber out of the country. Williams stated, “Our goal is to eliminate illegal logging and your declaration helps us accomplish this.”