As a result, the current administration can't force them not to use those licenses, but are still likely to put at least _some_ pressure on them to minimize their use of them.
If a majority government came to power and had this as a major part of their platform I suspect they'd try to get legislation passed, but any other government is not going to expend as much effort on it as would be needed to get it through.
Could the US government cancel outstanding bonds? Sure. Would it harm sales of future bonds? Yep.
It's much better and easier to just buy them back if the will is there.
https://markets.businessinsider.com/news/commodities/europe-...
https://www.nytimes.com/interactive/2022/09/07/world/europe/...
Most of the deaths attributed to the cold will be noticeable only in a slight uptick of elderly people living alone dying at a higher rate than usual, followed by a dip in their death rate in the subsequent months. The years of potential lost life (YPLL) will be minimal.
However, as an average Canadian, there is an expectation that when you have a license, you use the forest in a way that does not permanently scar the land. That the forest management practices used are up to date and considerate of the environment. It is a naïve way of thinking but a common one based on the conversations I hear around me.
In reality, it's often clear-cutting. Turn the land into something similar to a desert that will not be able to regrow possible for maximum profit, destroying the flora and fauna completely.
People don't pay attention to who own the forest and are suddenly surprised when it disappear in a day. Then they move on and forget there was one in the first place.
"The country is so big, surely we still have more forest!"
It's also common to see lands that have been cleared of trees still have a border of uncut forest at the borders. Not for the environment but to hide the damage. You can only see the missing forest from the sky.