Alaska Natives to protect land for California carbon program

ParadisePost.com, 26 January, 2017.

ANCHORAGE, Alaska (AP) — An undeveloped Alaska coal field, California’s offsets for carbon pollution and thousands of acres of forest are the unlikely players in a complex agreement that is expected to generate millions for an Alaska Native organization.

The agreement protects the land from development and sets up financial benefits for the Chugach Alaska Corp., a regional Alaska Native corporation representing 2,500 Aleut, Eskimo and Indian shareholders around Alaska’s Prince William Sound. Many largely rely on commercial fisheries and a subsistence lifestyle.

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