Obama Interior pick: Global warming hurt profits

By Paul Bedard, WashingtonExaminer

REI, the popular outfitter run by President Obama’s choice to head the Interior Department, cited the impact of global warming as a reason for poor profits in its most recent annual report.

“We experienced strong sales in 2011. However, because winter weather failed to arrive, our profitability was impacted,” said Brian Unmacht, executive vice president of Recreational Equipment Inc., which has three outlets in the Washington area.

Obama’s pick is REI CEO Sally Jewell, who has run the firm since 2005. Under Jewell, REI has blossomed while pursuing a green agenda aimed at cutting carbon emissions and dressing shoppers in environmentally-sensitive gear and clothing.

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