Please ensure Javascript is enabled for purposes of website accessibility
Patagonia Gives GOP Tax Windfall to Environmental Groups
By admin
Published 6 years ago on
November 29, 2018

Share

VENTURA — Patagonia, the outdoor gear company, is passing along the $10 million it saved from tax cuts to nonprofit environmental groups.

Corporations received a windfall from the GOP’s sweeping overhaul of the U.S. tax code last year, which slashed corporate rates from 35 percent, to 21 percent.

“Our government continues to ignore the seriousness and causes of the climate crisis. It is pure evil.” — Yvon Chouinard, Patagonia’s founder

The California company said Wednesday that the donation is in addition to 1 percent of sales it gives to environmental groups every year. The donation is being made on the heels of the recent National Climate Assessment, which Patagonia cited in its announcement.

“Our government continues to ignore the seriousness and causes of the climate crisis. It is pure evil,” said Yvon Chouinard, Patagonia’s founder. “We need to double down on renewable energy solutions. We need an agriculture system that supports small family farms and ranches, not one that rewards chemical companies intent on destroying our planet and poisoning our food. And we need to protect our public lands and waters because they are all we have left.”

Natural Disasters Are Worsening in the U.S. Because of Global Warming

The report warned that natural disasters are worsening in the U.S. because of global warming. It said violent weather and floods have led to costs of nearly $400 billion since 2015 and the potential for annual losses hundreds of billions of dollars.

Though economists agree with the general financial conclusions related to climate change, President Donald Trump has rejected the report’s assessment regarding the potential economic impact.

Patagonia, based in Ventura, California, has joined a flurry of lawsuits challenging Trump’s decision to chop up two large national monuments in Utah. It also endorsed Democratic Sen. Jon Tester of Montana and Sen.-elect Jacky Rosen of Nevada, both of whom won. The company described them as champions of public lands and the outdoor industry.

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Pro-Palestinian Protest Erupts at Columbia University Library, Some Turned Over to Police

DON'T MISS

State Center Trustees Turn Deaf Ear to Backers of Downtown Student Housing

DON'T MISS

Valley Crime Stoppers’ Most Wanted Person of the Day: Douglas Kindle

DON'T MISS

US-Houthi Ceasefire Deal Does Not Include Israel, Says Houthi Spokesperson

DON'T MISS

Iran’s Leader Hopes America Can Save His Faltering Regime

DON'T MISS

Syria Has Had Indirect Talks With Israel to Calm Situation, Syrian Leader Says

DON'T MISS

Kaiser in the Hot Seat as CA Lawmakers Blast Company for Skipping Mental Health Hearing

DON'T MISS

Finding New Uses for Farmland in the Heart of Ag Country Is a Daunting Task

DON'T MISS

Black Smoke Signals No Pope Elected at First Conclave Vote

DON'T MISS

Judge Demands Trump Officials Detail Legal Grounds for Deporting Palestinian Activist

UP NEXT

Video: Raccoon With Meth Pipe in Its Mouth Discovered During a Routine Traffic Stop in Ohio

UP NEXT

Disney Parks Thrive in Second Quarter. Company Adds 1.4 Million New Streaming Subscribers

UP NEXT

What Customers Can Expect as Rite Aid Closes or Sells All Its Drugstores

UP NEXT

Warriors Take Game 1 From Cold-Shooting Wolves Despite Curry’s Departure With Hamstring Strain

UP NEXT

Caitlin Clark’s Return to Iowa for Preseason Game Draws Average ESPN Viewership of 1.3 Million

UP NEXT

Trump Says His Administration ‘Is Not Going to Pay’ for California High-Speed Rail

UP NEXT

US Supreme Court Lets Trump’s Transgender Military Ban Take Effect

UP NEXT

Ravens Release Justin Tucker After Accusations by Massage Therapists of Inappropriate Behavior

UP NEXT

Draymond Green’s Vow to Keep His Cool Helps Warriors Advance to in West Semis

UP NEXT

Ian Happ Homers as the Cubs Beat the Sloppy Giants

US-Houthi Ceasefire Deal Does Not Include Israel, Says Houthi Spokesperson

9 hours ago

Iran’s Leader Hopes America Can Save His Faltering Regime

10 hours ago

Syria Has Had Indirect Talks With Israel to Calm Situation, Syrian Leader Says

11 hours ago

Kaiser in the Hot Seat as CA Lawmakers Blast Company for Skipping Mental Health Hearing

11 hours ago

Finding New Uses for Farmland in the Heart of Ag Country Is a Daunting Task

12 hours ago

Black Smoke Signals No Pope Elected at First Conclave Vote

12 hours ago

Judge Demands Trump Officials Detail Legal Grounds for Deporting Palestinian Activist

12 hours ago

Tulare Murder Case Ends With Woman Sentenced to Life

12 hours ago

Housing Component Halted, but Fresno’s Senior Center Is Moving Forward

12 hours ago

Trump’s Budget Would Abolish Funding for English Learners, Adult Ed, Teacher Recruitment

13 hours ago

Pro-Palestinian Protest Erupts at Columbia University Library, Some Turned Over to Police

NEW YORK (Reuters) – Dozens of protesters stood on tables, beat drums and unfurled pro-Palestinian banners in the reading room of Colu...

7 hours ago

A pro-Palestinian protester yells to let students out of the Butler Library on the campus of Columbia University in New York, U.S., May 7, 2025. (REUTERS/Ryan Murphy)
7 hours ago

Pro-Palestinian Protest Erupts at Columbia University Library, Some Turned Over to Police

8 hours ago

State Center Trustees Turn Deaf Ear to Backers of Downtown Student Housing

Douglas Kindle is Valley Crime Stoppers' Most Wanted Person of the Day for May 7, 2025. (Valley Crimes Stoppers)
9 hours ago

Valley Crime Stoppers’ Most Wanted Person of the Day: Douglas Kindle

Smoke rises in the sky following U.S-led airstrikes in Sanaa, Yemen, February 25, 2024. (REUTERS/Adel Al Khader/File Photo)
9 hours ago

US-Houthi Ceasefire Deal Does Not Include Israel, Says Houthi Spokesperson

10 hours ago

Iran’s Leader Hopes America Can Save His Faltering Regime

Syrian President Ahmed al-Sharaa speaks during a joint press conference with French President Emmanuel Macron after a meeting at the Elysee Palace in Paris, France, May 7, 2025. (REUTERS/Stephanie Lecocq/Pool)
11 hours ago

Syria Has Had Indirect Talks With Israel to Calm Situation, Syrian Leader Says

11 hours ago

Kaiser in the Hot Seat as CA Lawmakers Blast Company for Skipping Mental Health Hearing

12 hours ago

Finding New Uses for Farmland in the Heart of Ag Country Is a Daunting Task

Help continue the work that gets you the news that matters most.

Search

Send this to a friend