** This electric vehicle startup is pledging 1% of its equity to conservation
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Friday, November 12, 2021
Electric vehicle startup Rivian manufactures its vehicles in Normal, Illinois. Rivian, ([link removed]) W ([link removed]) ikimedia Commons ([link removed])

The founder of Rivian, an electric-vehicle startup backed by Amazon, has pledged ([link removed]) to put 1% of the company's equity in a fund aimed at preserving nature.

Founded in 2009, Rivian currently offers two electric-vehicle models: a pickup truck and an SUV, which started shipping in September. When the company went public this week it was valued at over $100 billion ([link removed]) —making it the biggest IPO in the U.S. since 2014. Following its IPO Wednesday, the company announced ([link removed]) it will put 8.2 million shares into Forever.

Details around Rivian's conservation fund, simply called "Forever," are still fuzzy. But CEO RJ Scaringe made one thing clear: Rivian is investing 1% of its equity, not its profits ([link removed]) . (That's a good thing, since Rivian has only shipped 156 vehicles so far ([link removed]) , and almost all went to employees.)

The fund will "focus on high impact climate initiatives with an emphasis on preserving and restoring wildlands, waterways and oceans," the company's website reads ([link removed]) .

"By putting 1% of Rivian’s equity into Forever, the natural world will become a stakeholder in our success," it continues ([link removed]) . "As our company’s value grows by transitioning our customers to sustainable transportation solutions, so will the value of our impact and philanthropic giving, creating a virtuous cycle of impact."


** Podcast: The Fetcher family's ranching and conservation legacy
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The latest episode of CWP's The Landscape ([link removed]) podcast features an interview with Colorado rancher and conservationist Jay Fetcher, recorded on location at the Fetcher Ranch near Steamboat Springs. Jay sits down with CWP's Aaron Weiss and Lauren Bogard to consider the past, present, and future of conservation easements, and how voluntary private conservation measures can fit into the "30x30" vision to protect America's land and waters. Listen now on Apple Podcasts ([link removed]) , Spotify ([link removed]) , or westernpriorities.org ([link removed]) .
Quick hits


** Most of Colorado's biggest wildfires were started by humans who were never charged
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Colorado Public Radio ([link removed])


** Rep. Joe Molinar: Help Castner Range become a national monument
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El Paso Times ([link removed]) [Opinion]


** Utah elected officials: Using the Antiquities Act is not a land grab
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Salt Lake Tribune ([link removed]) [Opinion]


** Heinrich, Lujan, other NM lawmakers urge Haaland to protect Chaco area from drilling
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Associated Press ([link removed])


** The deer have COVID—and that means the pandemic could never end
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National Public Radio ([link removed])


** Utah is trying to blame Asia for Salt Lake's bad air, which is hurting workers and causing asthma
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Bloomberg Law ([link removed]) [Asia] | KUER ([link removed]) [workers] | Salt Lake Tribune ([link removed]) [asthma]


** Tribes sue to force Montana to enforce mining law
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Associated Press ([link removed])


** Podcast: Jay Fetcher on the future of family ranching and conservation
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Center for Western Priorities ([link removed]) | Apple Podcasts ([link removed]) | Spotify ([link removed])
Quote of the day
Klamath has a history of racism that continues to be handed down from generation to generation... Our water crisis still exists today because of racism against the tribe, and racism against the tribe exists, in part, today because of our water crisis.”
—Joey Gentry, Klamath tribal member, A ([link removed]) l Jazeera ([link removed])
Picture this


** @G ([link removed]) randCanyonNPS ([link removed])
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With respect and gratitude, we honor the commitment and sacrifice of all who have served —on Veterans Day 2021, from Grand Canyon National Park. [link removed]… ([link removed]) #VeteransDay ([link removed]) #Arizona ([link removed]) #SaluteToService ([link removed]) #GrandCanyon ([link removed])

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