Tag: Berkshire Hathaway Energy
As Customers Struggled, Utility CEOs’ Pay Spiked Last Year
While many Americans saw their energy bills go up substantially in the past year, investor-owned electric and gas utilities and the country’s largest publicly owned utility paid their CEOs over...
Utility CEOs received $3.2 billion in executive compensation from 2017 – 2022
Investor-owned electric and gas utilities paid their CEOs $3.2 billion between 2017 and 2022, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 57 companies...
Getting Politics Out of Utility Bills
How policymakers can protect customers from being forced to fund utilities’ political machines
Utility CEOs received $2.7 billion in executive compensation from 2017 – 2021
Investor-owned electric and gas utilities paid their CEOs $2.7 billion between 2017 and 2021, according to corporate data reviewed by the Energy and Policy Institute. CEOs for the 58 companies...
Utility trade associations say utilities are disclosing climate risks to investors. Major investors disagree
The trade associations for investor-owned electric and gas utilities claim that their member companies already provide investors with sufficient information about how utilities are navigating climate risks, such as reducing...
Warren Buffett doesn’t want to disclose his companies’ climate risks
Berkshire Hathaway’s board of directors is opposing a proposal from major shareholder groups that the company publish an annual report disclosing the climate risks it faces, even as the company’s...
Major investors find electric utilities are not on track to meet decarbonization goals
Electric utilities are failing to align their businesses with the Paris climate agreement goals and investors’ expectations, according to a new scorecard of major emitting companies. The Climate Action 100+...
Many U.S. electric utilities plan slow decarbonization over next decade, out of sync with Biden plan
“Net-zero” goals proliferate, but speed, integrity of commitments varies greatly
Utility CEOs contribute personal money to help Republicans; Utility PACs also favor GOP
Analysis of federal campaign dollars in the 2020 election cycle
Warren Buffett’s Methane Emissions Purchase From Dominion Energy
Berkshire Hathaway now is responsible for another estimated 1,663,568 metric tons of CO2e, at a minimum, from Dominion’s midstream gas infrastructure - an increase of about 40% over its previous...