"WASHINGTON -- The top executives at the largest publicly held fossil fuel companies in the United States have made nearly $6 billion in the last five years -- enough to double the U.S. commitment to addressing climate change abroad.
A new report from the Institute for Policy Studies, released Wednesday, analyzes the compensation for the top five executives at the 30 largest oil, gas and coal companies in the country as reported to the Securities and Exchange Commission, which totaled $5.97 billion between 2010 and 2014.
By comparison, the United States has committed $3 billion over four years to an international fund meant to help developing countries address climate change, and might have trouble coughing even that up if Republicans in Congress have their way in budget disputes."
Kate Sheppard reports for the Huffington Post September 2, 2015.
SEE ALSO:
"Fat Cat Pay at Fossil Fuel Companies Drives Climate Crisis – Report" (Guardian)
"Fossil Fuel CEOs Bonus Pay Helps Sink the Climate, Report Says" (InsideClimate News)
Fossil Execs Made 2X What US Pledged To Fight Climate Change Overseas
Source: Huffington Post, 09/03/2015
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