The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
Using Trump Tax Cut for Good: Patagonia Donates $10 Million to the Planet
"Based on last year's irresponsible tax cut, Patagonia will owe less in taxes this year—$10 million less, in fact. Instead of putting the money back into our business, we're responding by putting $10 million back into the planet. Our home planet needs it more than we do," CEO Rose Marcario wrote in a LinkedIn blog post published Wednesday.
The tax cut provided billions of dollars in tax savings for the oil and gas industry. A 40-year drilling ban on the Arctic National Wildlife Refuge was also lifted after the bill was approved in December.
"Taxes protect the most vulnerable in our society, our public lands and other life-giving resources. In spite of this, the Trump administration initiated a corporate tax cut, threatening these services at the expense of our planet," Marcario wrote.
Patagonia's unexpected windfall will go to conservation organizations protecting our air, land, water and climate. The funds will also help support the regenerative organic agriculture movement, "which we think will not only slow the climate crisis but could begin to reverse it," the company said in an emailed press release.
Citing Friday's National Climate Assessment report compiled by 13 federal agencies and more than 300 scientists, Marcario said climate change is impacting people around the world and will cost the U.S. economy hundreds of billions of dollars.
"Mega-fires. Toxic algae blooms. Deadly heat waves and deadly hurricanes. Far too many have suffered the consequences of global warming in recent months, and the political response has so far been woefully inadequate—and the denial is just evil," she wrote.
Trump, meanwhile, continues to deny science and responded to the U.S. climate report by saying, "I don't believe it."
"Our government continues to ignore the seriousness and causes of the climate crisis. It is pure evil," Patagonia founder Yvon Chouinard said in an emailed statement. "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."
Patagonia has long been a champion of grassroots environmental efforts and is an outspoken critic of the Trump administration. The company sued the president last year over his controversial decision to shrink Bears Ears and Grand Staircase-Escalante national monuments in Utah, and it famously declared on its website, "The President Stole Your Land."
In September, the civic-minded retailer endorsed two Democratic candidates for U.S. Senate, Jon Tester of Montana and Jacky Rosen of Nevada. They both won.
"In this season of giving, we are giving away this tax cut to the planet, our only home, which needs it now more than ever," Marcario concluded.
EcoWatch Daily Newsletter
Editor's note: The coronavirus that started in Wuhan has sickened more than 4,000 people and killed at least 100 in China as of Jan. 27, 2020. Thailand and Hong Kong each have reported eight confirmed cases, and five people in the U.S. have been diagnosed with the illness. People are hoping for a vaccine to slow the spread of the disease.
By Nancy Schimelpfening
- Nutrition experts say healthy eating is about making good choices most of the time.
- Treats like cookies can be eaten in moderation.
- Information like total calories, saturated fat, and added sugars can be used to compare which foods are relatively healthier.
- However, it's also important to savor and enjoy what you're eating so you don't feel deprived.
Yes, we know. Cookies aren't considered a "healthy" food by any stretch of the imagination.
When you see an actor in handcuffs, they're usually filming a movie. But when Jane Fonda, Ted Danson, Sally Field, and other celebrities were arrested in Washington, D.C., last fall, the only cameras rolling were from the news media.
As the Pacific Ocean becomes more acidic, Dungeness crabs, which live in coastal areas, are seeing their shells eaten away, according to a new study commissioned by the National Oceanic and Atmospheric Administration (NOAA).