By Melissa Renwick, Ha-Shilth-Sa, Local Journalism Initiative Reporter

British Columbia’s largest private landowner, Mosaic Forest Management, is halting logging in nearly 100,000 acres of old-growth forest for the next 25 years.

The forestry company announced the deferral on March 16 and said it’s transitioning to a carbon credit program, which is expected to generate several hundred million dollars in revenue.