Fossil fuel firms slammed for incentivising production rises with improved executive pay

Oil and gas companies are increasingly tying executive pay to improvements in environmental performance, but incentives are also being linked to increased oil and gas production, says a report by Carbon Tracker

An analysis of 25 of the world’s biggest oil and gas companies has shown that almost all are rewarding their executives for increases in hydrocarbon output, despite the expectation that demand for oil, gas and coal will peak before 2030.