If it's the same one as the one in the London Museum of Natural History, it's a sequoia:

The giant sequoias are having difficulty reproducing in their original habitat (and very rarely reproduce in cultivation) due to the seeds only being able to grow successfully in mineral soils in full sunlight, free from competing vegetation. Although the seeds can germinate in moist needle humus in the spring, these seedlings will die as the duff dries in the summer. They therefore require periodic wildfire to clear competing vegetation and soil humus before successful regeneration can occur. Without fire, shade-loving species will crowd out young sequoia seedlings, and sequoia seeds will not germinate. When fully grown, these trees typically require large amounts of water and are therefore often concentrated near streams.

While they likely didn't fully understand it when they cut it down, the removal of large old trees is a necessity in order for new ones to grow.