The soaring CEO pay shows how “the profit motive is incompatible with solving the climate crisis,” an activist said.
Over the past decade, the four U.S. oil and gas corporations that contributed most to industrial greenhouse gas (GHG) emissions from 1988 to 2015 showered their CEOs with nearly $1.2 billion in compensation, according to a Truthout analysis of corporate disclosures. Truthout analyzed CEO compensation disclosures of the eight U.S. corporations over the past decade (2013 to 2022) identified among...