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Strings Attached: How utilities use charitable giving to influence politics and increase investor profits
[…] The Greater Abyssinia Baptist Church The Greater Abyssinia Baptist Church, located in Cleveland, received $ 100,000 each year from the FirstEnergy Foundation in 2016 and 2017. Rev. E. Theopolis...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] by 2050 from a 2005 baseline, and to invest in 700 MW of wind and 100 MW of solar power. In 2018, the Sierra Club filed a shareholder resolution...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] compensation structure aligned with decarbonization? No. APS announced in January 2020 a goal of achieving 100% clean energy by 2050, but has not updated its policies to align executive...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] goals. Advocates have pushed the company to align executive compensation with decarbonization. In New Orleans’ 100% resilient, renewable portfolio standard (RPS) docket, clean energy advocates requested that the New...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] that the coal-fired units at the Monroe and Belle River facilities are incapable of reaching 100% capacity, excluding planned outages. The coal-plant reliability metric incentivizes the utility to maintain,...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] All NEOs except Executive Vice President and co-Chief Operating Officer Diane Leopold were assigned a 100% payout score by the CGN Committee. Despite her oversight for most of 2019...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] “natural gas business outage factor”, which measured the number of gas outages affecting at least 100 customers. Duke NEOs also satisfied close to their target for “fossil/hydro optimized reliability”...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
[…] coal; adding 3,080 MW of zero-emissions capacity and/or reduction of coal would qualify Fanning for 100% of his GHG bonus. The goal allows the CEO to receive a bonus...
Enchant Energy spent more on lobbying than planning its coal carbon capture project
[…] the remaining 64%. A note under the funding table explains: “Until DOE receives verification of 100% of the Recipient’s cost share contribution, only $503,384 of DOE funding is available...
Southwest Gas was top contributor to Arizona legislators sponsoring gas utility bill
[…] Southwest Gas gave $3500 to Bowers’ campaign as well. Southwest Gas also gave another $ 1000 to Fann’s campaign in October 2019, and the company’s political action committee gave...