Tag: Southern Company
Pollution Payday: analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
While the coronavirus pandemic has devastated the U.S. economy, leaving millions of Americans struggling to afford their utility bills, the top executives for those utilities continue breaking their own records...
Pollution Payday: Analysis of executive compensation and incentives of the largest U.S. investor-owned utilities
While the coronavirus pandemic has devastated the U.S. economy, leaving millions of Americans struggling to afford their utility bills, the top executives for those utilities continue breaking their own records...
Who is behind anti-regional transmission organization ads in the Southeast?
Google ads appear as Duke Energy, Southern Company advocate for more limited regional exchange, and following anti-RTO Facebook ads from dark money group
FirstEnergy scandal is latest example of utility corruption, deceit
Utilities have deceived public officials and investors to grow profits, occasionally leading to criminal investigations and prosecution.
Major banks announce new policies to help push utilities away from coal
Key Points: Major financial institutions have announced new policies that limit how they do business with companies that remain reliant on coal. Leading financial institutions’ coal exclusion policies assess electric...
Two Controversial Virginia Gas Plants Face Increasing Uncertainty, Documents Show
Two planned gas-fired power plants in Virginia are facing growing difficulties caused in part by the economic fallout of the coronavirus pandemic, according to recent documents filed by the plants’...
Utility CEOs received over $1 billion in executive compensation from 2017 – 2019
Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.
Caught in patchwork of policies and pledges, some utility customers may still be awaiting electricity restoration or racking up fees
A mosaic of state policies and voluntary pledges has meant that the effects of missing a utility payment are playing out unevenly across the country.
Energy companies in U.S. Chamber silent as Chamber opposed use of Defense Production Act to produce medical supplies for COVID-19
But some energy companies in the Chamber have lobbied for using the DPA to bail out struggling coal plants instead
Morgan Stanley: Duke, other utilities ignoring profit opportunity by failing to decarbonize rapidly
Morgan Stanley analysts say utilities can grow earnings by accelerating coal-to-renewables switch, but some utilities are letting the opportunity slip away.