29 Mar '17, 10am

[email protected] knows that climate change is real. So why does it fund climate-denying politicians?

.@VailResorts knows that climate change is real. So why does it fund climate-denying politicians?

Ski resorts, much like beachfront real estate in Miami, do not have the luxury of ignoring climate change and its financial implications. The relationship between warming temperatures, diminishing snow levels, and fewer skiers is well known. A 2015 Stanford climate and finance analysis of Vail Resorts, Inc., the multinational ski conglomerate, found that the company was in between a rock and a hard place. While increasingly snow-challenged Vail invested heavily in summer recreational projects, 100 percent of its profits still came from winter activities. That’s why it’s surprising that Vail Resorts PAC—a political fundraising tool seeded with contributions from Vail Resorts CEO Rob Katz and other high-level executives—donated thousands of dollars to politicians who either deny that climate change exists or refuse to take action. Among the beneficiaries were Scott Tipton (R...

Full article: http://www.sierraclub.org/sierra/green-life/why-ski-resor...

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