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

California Attorney General Declines to Join Musk’s Lawsuit Against OpenAI

DON'T MISS

Trump Holds Situation Room Meeting on Iran, Officials Say

DON'T MISS

KVPR Morning Show Host Is Named Station’s New Director of Radio

DON'T MISS

Trump Signs Healthcare Executive Order That Includes a Win for Pharma Companies

DON'T MISS

Fresno Man Charged With Attempted Murder of City Worker

DON'T MISS

US Tariffs May Cost Chip Equipment Makers More Than $1 Billion, Industry Estimates

DON'T MISS

NAACP Sues US Education Department Over DEI School Funding Cuts

DON'T MISS

Oil Company Fined Record $18 Million for Defying CA Orders to Stop Work on Pipeline

DON'T MISS

Why Is It So Expensive to Build Affordable Homes in CA? It Takes Too Long

DON'T MISS

Tulare County Couple Arrested After Baby Tests Positive for Cocaine

UP NEXT

Oil Company Fined Record $18 Million for Defying CA Orders to Stop Work on Pipeline

UP NEXT

Homeless Man Wins Life-Changing $1 Million on Lottery Scratcher in SLO

UP NEXT

Autism Rates in US Children Hit Record Level in 2022, CDC Data Show

UP NEXT

Up to $20 Million Lost After Thieves Tunnel Into LA Jewelry Store

UP NEXT

California Sets Aside $170 Million to Thin Vegetation, Forests to Help Prevent Wildfires

UP NEXT

Tens of Thousands of Jews Gather for Traditional Blessing in Jerusalem

UP NEXT

Dodgers Beat Rockies but Colorado Avoids Another Shutout in 4th Straight Loss

UP NEXT

WNBA Draftees Turn Attention to Making Rosters as Training Camp Opens in a Few Weeks

UP NEXT

Trump Administration Freezes $2.2 Billion in Grants to Harvard Over Campus Activism

UP NEXT

CA Lawmakers Quietly Sideline Bills in Secretive Suspense Process

Trump Signs Healthcare Executive Order That Includes a Win for Pharma Companies

15 hours ago

Fresno Man Charged With Attempted Murder of City Worker

16 hours ago

US Tariffs May Cost Chip Equipment Makers More Than $1 Billion, Industry Estimates

16 hours ago

NAACP Sues US Education Department Over DEI School Funding Cuts

16 hours ago

Oil Company Fined Record $18 Million for Defying CA Orders to Stop Work on Pipeline

16 hours ago

Why Is It So Expensive to Build Affordable Homes in CA? It Takes Too Long

16 hours ago

Tulare County Couple Arrested After Baby Tests Positive for Cocaine

17 hours ago

Fresno Political Consultant Now Listed in Documents Tied to Mailer Attacking Vang

17 hours ago

How Picnickers and Anglers Can Skip the Gate to Lakes McClure and McSwain

18 hours ago

Exclusive: Top Hegseth Advisor Dan Caldwell Put on Leave in Pentagon Leak Probe

18 hours ago

California Attorney General Declines to Join Musk’s Lawsuit Against OpenAI

SAN FRANCISCO (Reuters) – The California attorney general’s office declined to join a lawsuit by Elon Musk against OpenAI, the a...

13 hours ago

Tesla CEO Elon Musk attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. (REUTERS File)
13 hours ago

California Attorney General Declines to Join Musk’s Lawsuit Against OpenAI

President Donald Trump speaks, as he signs executive orders and proclamations in the Oval Office at the White House in Washington, D.C., U.S., April 9, 2025. (REUTERS File)
14 hours ago

Trump Holds Situation Room Meeting on Iran, Officials Say

14 hours ago

KVPR Morning Show Host Is Named Station’s New Director of Radio

President Donald Trump arrives for a presentation of the Commander-in-Chief trophy to the U.S. Navy Midshipmen football team of the United States Naval Academy, at the White House in Washington, D.C., U.S., April 15, 2025. (REUTERS/Evelyn Hockstein)
15 hours ago

Trump Signs Healthcare Executive Order That Includes a Win for Pharma Companies

Dyllan James Hopkins, 30, of Fresno, has been charged with attempted murder after allegedly attacking a city public works employee with a blunt object, leaving the victim in critical condition. (Fresno PD)
16 hours ago

Fresno Man Charged With Attempted Murder of City Worker

A view of a machine in a production line of Dutch semiconductor company Nexperia, in Hamburg, Germany, June 27, 2024. (REUTERS File)
16 hours ago

US Tariffs May Cost Chip Equipment Makers More Than $1 Billion, Industry Estimates

A demonstrator speaks through a megaphone during a Defend Our Schools rally to protest U.S. President Donald Trump's executive order to shut down the U.S. Department of Education, outside its building in Washington, D.C., U.S., March 21, 2025. (REUTERS File)
16 hours ago

NAACP Sues US Education Department Over DEI School Funding Cuts

16 hours ago

Oil Company Fined Record $18 Million for Defying CA Orders to Stop Work on Pipeline

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

Search

Send this to a friend