Please ensure Javascript is enabled for purposes of website accessibility
Patagonia Gives GOP Tax Windfall to Environmental Groups
By admin
Published 5 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

Biden Backs House’s Aid Package for Ukraine, Israel While Speaker Johnson Battles to Retain Position

DON'T MISS

Hot Rod Willys: Driven to Bake the Perfect Chicago-Style Pizza

DON'T MISS

Local Leaders Must Put Their Shoulders Into Making Fresno ‘Education City USA’

DON'T MISS

EdSource Welcomes Fresno News Veteran Jim Boren to Its Board

DON'T MISS

Senate Dismissed Two Articles of Impeachment, Ending Trial on Mayorkas

DON'T MISS

Netanyahu Dismisses Calls for Restraint, Says Israel Will Decide Iran Attack Response

DON'T MISS

New Study Calculates Climate Change’s Economic Bite Will Hit About $38 Trillion a Year by 2049

DON'T MISS

Biden Pledges to Block Japanese Takeover of US Steel and Promises Tariffs on Chinese Steel

DON'T MISS

Don Arax Talks About His New Football Job at Visalia’s Central Valley Christian

DON'T MISS

Dem House Challengers Salas, Gray Flex Fundraising Muscle

UP NEXT

Myanmar’s Ousted Leader Suu Kyi Moved From Prison to House Arrest Due to Heat, Military Says

UP NEXT

Vital Climate Tool or License to Pollute? The Battle Over CA’s First Carbon Capture Project

UP NEXT

NPR Editor Suspended Over Claims of Network’s ‘Progressive Worldview’

UP NEXT

Coalition: CA Lawmakers Need to Roll Back Proposed ‘Utility Tax’

UP NEXT

Wall Street’s Mixed Trading Day

UP NEXT

New Recruiting Programs Put Army, Air Force on Track to Meet Enlistment Goals. Navy Will Fall Short

UP NEXT

Paris Hilton Backs California Bill to Bring More Transparency to Youth Treatment Facilities

UP NEXT

Ex-Marine Gets 9 Years in Prison for Firebombing California Planned Parenthood Clinic

UP NEXT

California Officials Sue Huntington Beach Over Voter ID Law Passed at Polls

UP NEXT

Justice Thomas Misses Supreme Court Session Monday With No Explanation

EdSource Welcomes Fresno News Veteran Jim Boren to Its Board

9 hours ago

Senate Dismissed Two Articles of Impeachment, Ending Trial on Mayorkas

9 hours ago

Netanyahu Dismisses Calls for Restraint, Says Israel Will Decide Iran Attack Response

10 hours ago

New Study Calculates Climate Change’s Economic Bite Will Hit About $38 Trillion a Year by 2049

10 hours ago

Biden Pledges to Block Japanese Takeover of US Steel and Promises Tariffs on Chinese Steel

10 hours ago

Don Arax Talks About His New Football Job at Visalia’s Central Valley Christian

11 hours ago

Dem House Challengers Salas, Gray Flex Fundraising Muscle

12 hours ago

Career-High Strike Outs for Ryan Weathers as Marlins Best Giants 6-3

13 hours ago

LeBron’s Lakers Top Pelicans in Play-in, Set up Playoff Rematch With Nuggets

13 hours ago

Storm Dumps Record Rain and Floods Dubai’s Airport

13 hours ago

Biden Backs House’s Aid Package for Ukraine, Israel While Speaker Johnson Battles to Retain Position

WASHINGTON — President Joe Biden said Wednesday that he strongly supports a proposal from House Speaker Mike Johnson to provide aid to Ukrai...

7 hours ago

7 hours ago

Biden Backs House’s Aid Package for Ukraine, Israel While Speaker Johnson Battles to Retain Position

8 hours ago

Hot Rod Willys: Driven to Bake the Perfect Chicago-Style Pizza

9 hours ago

Local Leaders Must Put Their Shoulders Into Making Fresno ‘Education City USA’

9 hours ago

EdSource Welcomes Fresno News Veteran Jim Boren to Its Board

9 hours ago

Senate Dismissed Two Articles of Impeachment, Ending Trial on Mayorkas

10 hours ago

Netanyahu Dismisses Calls for Restraint, Says Israel Will Decide Iran Attack Response

10 hours ago

New Study Calculates Climate Change’s Economic Bite Will Hit About $38 Trillion a Year by 2049

10 hours ago

Biden Pledges to Block Japanese Takeover of US Steel and Promises Tariffs on Chinese Steel

MENU

CONNECT WITH US

Search

Send this to a friend