Yurok tribe hopes California’s cap-and-trade can save a way of life

Instead of preparing to sell lumber, as it has in the past, California’s largest Indian tribe is taking stock of its firs, redwoods and tanoaks to make money in California’s cap-and-trade program.

By managing its forest near Redwood National Park for carbon storage instead of timber harvest, the tribe is generating credits to sell to oil companies and other businesses that must reduce greenhouse gas emissions as part of the state’s effort to slow climate change.

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