Tag: Tom Fanning
Southern Company’s updated greenhouse gas bonus still pays executives as company invests in fossil fuels
Southern faces investor challenges on Scope 3 emissions
Tom Fanning Southern Company Matrix Scandal: What don’t we know?
A long-time consultant for Alabama Power hired a private investigator to surveil Tom Fanning, the CEO of its parent company, Southern Company, according to documents reported by AL.com yesterday. Matrix,...
Alabama Power to buy Calhoun plant despite rising gas prices
Purchase risks bill increases for customers, comes in spite of parent company's climate goal
Mississippi regulators force Mississippi Power to close unneeded coal and gas plants
Mississippi regulators are forcing Mississippi Power to shutter as many as 950 megawatts of uneconomic and unneeded legacy coal and gas plants by the end of 2027. Mississippi Power received...
Utilities and their executives spent tens of thousands to support Republicans in Georgia Senate runoff
Oil, gas, and coal company PACs spent too in failed efforts to keep GOP Senate control
Southern Company Net-Zero Implementation Plan Filled with Loopholes for Continued Use of Fossil Fuels
Southern Company released more information this week on how it plans to reach “net zero emissions,” and while the plan remains scant on key details, the company has made one...
Southern Company Pledges Net Zero Emissions by 2050 but Doubles Down on Fossil Fuels
Southern Company unveiled an updated “net-zero” carbon goal yesterday at its Annual Meeting which relies heavily on negative emissions to enable continued investment in fossil fuels such as coal and...
Southern Company’s Lobbying Disclosures Obscure State-Level Information from Investors, Public
CEO Fanning gets credit toward bonus for coal closures after opposing federal regulations.
Utility CEOs received over $1 billion in executive compensation from 2017 – 2019
Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.
Tom Fanning Floats Misleading Updated Greenhouse Gas Goal
The updated greenhouse gas goal, as described by Fanning, would allow Southern Company to claim “net-zero” emissions by taking credit for transportation electrification, despite the company’s continued use of fossil...