In selling the carbon rights to this land, Sealaska is forgoing potential logging fees: The value per acre of selling their trees is currently only about 10 percent of what could be raised from a timber sale. Still, even here, carbon credits hold certain advantages. Unlike logging, carbon credit sales leave the forest for trapping, hunting, and salmon spawning. Credits require limited investment of capital to recoup.
…and in the micro, and perhaps more important sense, it (carbon credits) keeps peace. Carbon credits have mitigated the potential rift over the trees in the Hydaburg watershed, allowing multiple interests to live from the same land, just as in the days before European settlement.
Source: A new way to profit from ancient Alaskan forests—leave them standing