A Fresh Approach to Limiting CEO Pay — and Saving Our Environment
A newly drafted Salary Cap Act would powerfully discourage the corporate decisions that so endanger our future.
March 11, 2024
by Daniel Wortel-London
"The compensation of oil company top executives, for instance, links intimately to exploring for new #fossilfuel fields, extracting ever more oil, and promoting still more carbon consumption. Top #BigOil corporate chiefs, as Richard Heede of the Climate Accountability Institute observes, 'have personal ownership of tens or hundreds of thousands of shares' and that 'creates an unacknowledged personal desire to explore, extract, and sell fossil fuels.'"
Read more:
https://inequality.org/research/a-fresh-approach-to-limiting-ceo-pay-and-saving-our-environment/
#SalaryCaps #CEOPay #BigOilAndGas #CorporateColonialism #Corporatocracy #TaxTheRich
#MakePollutersPay