Energy News Network: DTE Energy is facing criticism from environmental groups for a “coal plant reliability” incentive in the Michigan company’s executive compensation packages that critics say is at odds with the utility’s goal of achieving carbon neutrality by 2050.
The incentive encourages company management to keep its coal plants capable of operating at 100% capacity. While the utility says that has no bearing on how long the plants continue to operate, environmental groups say the antiquated incentive needs to be replaced by performance metrics that push DTE toward clean energy and are more aligned with its stated emission reduction goals.
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