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Native Alaskan Company Involved in Controversial Carbon Offsets Project to Quit Logging

Native Alaskan Company Involved in Controversial Carbon Offsets Project to Quit Logging
After 35 years of clearcutting Southeast Alaska forests, Sealaska says it wants to generate “sustainable value” for shareholders.
Paul Koberstein and Jessica Applegate
January 21, 2021
Sealaska Timber Company, a subsidiary of a corporation owned by Alaska Natives, has decided to close down its controversial logging operations in the southeast Alaska panhandle, the company announced last week.
Sealaska’s Chief Executive Officer Anthony Mallott hailed the unexpected decision as a move toward a more sustainable business model. But it is also clearly another big hit for Alaska’s reeling timber industry, where log shortages have forced mills to close. ....

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SEALASKA to shift away from logging

Sealaska Corp. plans to “transition out of logging operations” in Southeast Alaska during 2021, citing a preference to now focus on a range of its other businesses that revolve around ....

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