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

From Blue Cheese to Bacon: Peanut Butter Pairings That Will Shock You

DON'T MISS

Challengers Seek Seats on Tulare County Irrigation District Boards

DON'T MISS

Shy Pup Finds Hope with Foster Family, Evasion from Euthanasia

DON'T MISS

Does Dill Have Magical Powers? What People Once Believed Food Could Do

DON'T MISS

Let’s Keep Innovative Partnerships Crucial to Combating Climate Change: Fresno Dairy Manager

DON'T MISS

Immediate Threat: Mussel Invades California’s Delta, First Time in North America

DON'T MISS

Two-Time Cy Young Winner Blake Snell Opts Out of Contract with Giants

DON'T MISS

No Matter the Outcome, We Are the True Losers of This Election

DON'T MISS

Russia’s Swift March Forward in Ukraine’s East

DON'T MISS

Rapper Young Thug Is a Free Man. Here Are Things to Know About His Plea.

UP NEXT

Lyft Pays $2.1 Million to Settle Case Alleging the Ride-Hailing Service Deceived Drivers

UP NEXT

Southern California County Official Pleads Guilty to Bribery Charge in COVID Funds Scheme

UP NEXT

Visalia Rollerblader Suffered Major Injuries After Being Struck by Vehicle

UP NEXT

Fresno County Man Indicted for Possessing Stolen Guns

UP NEXT

Anti-Semitic Incident at Oakland Cafe Raises Concerns About Rising Intolerance

UP NEXT

Schwarzenegger Endorses Harris, Warns Against Another Trump Term

UP NEXT

Will Noncitizens Be Able to Vote? This California City Will Decide Their Fate

UP NEXT

California Voters Consider Controversial Vacation Homes Tax in Iconic Lake Tahoe Area

UP NEXT

Los Angeles Sees Bus Burned, Store Thefts and Rowdy Crowds After Dodgers Win World Series

UP NEXT

On Elon Musk’s X, Dems Are an Endangered Species While GOP Goes Viral

Does Dill Have Magical Powers? What People Once Believed Food Could Do

7 hours ago

Let’s Keep Innovative Partnerships Crucial to Combating Climate Change: Fresno Dairy Manager

8 hours ago

Immediate Threat: Mussel Invades California’s Delta, First Time in North America

20 hours ago

Two-Time Cy Young Winner Blake Snell Opts Out of Contract with Giants

20 hours ago

No Matter the Outcome, We Are the True Losers of This Election

21 hours ago

Russia’s Swift March Forward in Ukraine’s East

21 hours ago

Rapper Young Thug Is a Free Man. Here Are Things to Know About His Plea.

21 hours ago

AMOR Wellness Trunk-or-Treat Brings 700 Mendota Residents Together for Halloween Fun

21 hours ago

What Kind of Trouble Is Miguel Arias Trying to Stir Up This Time?

21 hours ago

MrBeast Probe Ends With Some Employees Fired but Finds No Proof of Sexual Misconduct Allegations

22 hours ago

From Blue Cheese to Bacon: Peanut Butter Pairings That Will Shock You

Peanut butter is a childhood staple for many in the United States. Whether it’s a classic PB&J sandwich, a fluffernutter, cookies ...

6 hours ago

6 hours ago

From Blue Cheese to Bacon: Peanut Butter Pairings That Will Shock You

6 hours ago

Challengers Seek Seats on Tulare County Irrigation District Boards

6 hours ago

Shy Pup Finds Hope with Foster Family, Evasion from Euthanasia

7 hours ago

Does Dill Have Magical Powers? What People Once Believed Food Could Do

8 hours ago

Let’s Keep Innovative Partnerships Crucial to Combating Climate Change: Fresno Dairy Manager

20 hours ago

Immediate Threat: Mussel Invades California’s Delta, First Time in North America

20 hours ago

Two-Time Cy Young Winner Blake Snell Opts Out of Contract with Giants

21 hours ago

No Matter the Outcome, We Are the True Losers of This Election

Search

Send this to a friend