Patagonia donates its $10 million in tax cuts to save the planet

December 4, 2018 by  
Filed under Business, Eco, Green

Last year, President Trump said that his tax bill would be an incredible Christmas gift for millions of hard-working Americans, but it also resulted in billions of dollars of tax savings for businesses — especially those in the oil and gas industry. But one outdoor retailer has opted to donate its tax savings to the planet instead of putting it back into the business. Patagonia announced last week that it would be giving away the $10 million the company made as a result of the Republican tax cut. “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,” CEO Rose Marcario wrote in a LinkedIn blog post . “Our home planet needs it more than we do.” Related: Patagonia strikes back at Trump over public lands policies Marcario also wrote that taxes protect the most vulnerable in our society as well as our public lands and other resources. In spite of this, President Trump still initiated a corporate tax cut that threatens those services at the expense of the planet. In addition to cutting taxes for individuals and businesses, the bill also lifted a 40-year ban on drilling in the Arctic National Wildlife Refuge. Patagonia will donate the money from its tax cut to various conservation organizations. The money will also go toward the regenerative organic agriculture movement, which, according to the company, could help slow or reverse the climate crisis. Marcario cited the recent National Climate Assessment Report, compiled by 13 different federal agencies and 300 scientists. The report found that climate change is impacting people all over the globe and will cost the U.S. economy hundreds of billions of dollars. She wrote that far too many people have suffered from the consequences of global warming, and the political response has been “woefully inadequate.” Patagonia has been a long-time champion of grassroots environmental efforts, and the company has also been vocal in its criticisms of the Trump administration. + Patagonia Via EcoWatch Images via Yukiko Matsuoka and Monica Volpin  

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Patagonia donates its $10 million in tax cuts to save the planet

Obama plans to protect Arctic National Wildlife Refuge against drilling and exploration

January 27, 2015 by  
Filed under Green

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As President Obama put it in his State of the Union address, he has “no more campaigns left to run.” Therefore it looks like he is using his remaining time in office to make as much of a difference as possible. Amongst his final efforts are plans to keep potential drilling and exploitation out of the Arctic National Wildlife Refuge in Alaska, widely considered one of the most spectacular and remote areas in the world. Read the rest of Obama plans to protect Arctic National Wildlife Refuge against drilling and exploration Permalink | Add to del.icio.us | digg Post tags: alaska , Arctic , Arctic National Wildlife Refuge , arctic sanctuary , department of the interior , nature reserve , president obama , U.S. Department of the Interior , Wildlife

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Obama plans to protect Arctic National Wildlife Refuge against drilling and exploration

House Transportation Bill Slashes Bike and Ped Funding in Favor of Big Oil

January 31, 2012 by  
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The House Transportation Bill will be revealed today, and it already has alternative transportation activists across the country up in arms about the amount of funding being cut for federally mandated pedestrian and bike programs. In short, the bill funnels tons of cash into highway improvements and programs, cuts any federal obligation for programs “not in the federal interest” which includes bike and pedestrian programs, increases the size of trucks allowed on highways, cuts the time allotted for environmental surveys of highway projects, and is expected to be paid for in part by opening up drilling in the Arctic National Wildlife Refuge — a move that democrats say is a “non starter”. The bill has been called “a march of horribles” by representatives from the Sierra Club. Thankfully the bill is still in committee — it is expected to be voted out of committee on Thursday — and has quite the array of hurdles in front of it before it becomes law. Read the rest of House Transportation Bill Slashes Bike and Ped Funding in Favor of Big Oil Permalink | Add to del.icio.us | digg Post tags: anwr , department of transportation bill , dot bill , dot budget , house dot bill , house transportation bill , house transportation bill 2012 , house transportation budget , transportation bill , transportation funding

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House Transportation Bill Slashes Bike and Ped Funding in Favor of Big Oil

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