The carbon that the Elliott forest sequesters yearly is almost equal to the amount Oregon releases in a year.  About 40,000 acres is native old-growth forest.  The other half was logged and is now a tree farm.  Some of the old growth trees are 200-400 years old that did not burn in the 1800's fires. 
In Oregon, private timber companies receive over $300 million in tax breaks annually, 58% of private forest lands in Oregon are exempt from property tax.  The harvest tax does not go to the general fund but to pro-timber interests.  It seems we are looking in the exact wrong direction for income.  Over 95% of native coastal rainforests have been cut in Oregon.  In the Elliott, 355 acre Benson parcel sold to Scott timber subsidiary of Roseburg Forest Products for $610,000.- The timber alone was valued over $3,000,000. million.  This is just one example of countless giveaways to the logging industry at the expense of the forests, the life they hold and every citizen in Oregon.  Why?