This is an example how saving forests could bring millions. The credits from California’s cap-and-trade program could generate to Sealaska more than $100 million in revenue. With lots of forest land, this company becomes big player.
The Sealaska Corporation is a for-profit company collectively owned by some 23,000 Native Alaskans from the Haida, Tlingit, and Tsimshian tribes. Since its creation in the 1970s, the company has made much of its money by logging in Alaska’s southeast islands. But beginning this year, that equation will flip: […]