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Fossil Fuel CEOs Bonus Pay Helps Sink the Climate, Report Says
Inside Climate News: A report released Wednesday examining the pay practices of the 30 largest publicly held U.S. oil, gas, and coal companies concluded that pay incentives for the companies' chief executives encourages reckless behavior and is hastening a climate crisis.
In the analysis, all 13 oil exploration and production companies examined by the Institute for Policy Studies (IPS) tied executive bonuses to increasing the amount of proven carbon reserves each year.
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