It may be time for oil and gas firms to capture a hard spy at their compensation practices,whether to save the environment or themselvesAnyone who watched the shenanigans (tricks or mischief) on Wall Street in the years leading up to the 2008 financial crisis couldn’t absorb been left with much doubt: poorly designed compensation policies that encouraged greed and discouraged fear were partly responsible for the near-collapse of the entire financial system. Can similar compensation policies in the oil and gas sector be held responsible for climate change? Its a provocative question, particularly as Barack Obama wraps up his three-day trip to Alaska. Related: Fat cat pay at fossil fuel companies drives climate crisis – report Continue reading...
Source: theguardian.com