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The buck didn't stop here.  This CEO got a big increase in compensation after her company created a months-long hellish nightmare for an entire community.  Big Energy sure does pay well.

<<<<Despite a massive environmental catastrophe in California, the CEO of an energy company does not appear to be personally facing any imminent financial hit.

In the wake of the enormous gas leak at Southern California Gas Company’s Aliso Canyon facility, located near the upscale Los Angeles neighborhood of Porter Ranch, the head of parent company Sempra is still receiving a massive bonus and only a minimal pay cut.


As reported by Los Angeles Times columnist Michael Hiltzik, Sempra’s board cut CEO Debra Reed’s pay by $130,000 — while awarding her a bonus of $3.17 million: “It brings her total compensation for 2015 to $16.1 million, meaning that her executive penalty for presiding over an elemental corporate fiasco comes to about eight tenths of 1% of her pay.>>>>

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“The position of the Sempra board of directors, on the other hand, is that the Porter Ranch disaster is a ‘safety [and] customer satisfaction’ issue warranting minimal penalties for the executives who presided over it. The board’s discussion of its compensation policies is a pure distillation of the reality that corporate executives can collect huge raises despite underperformance in key areas.”

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http://www.rawstory.com/2016/0...evastates-community/

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OK, got it, you've worked yourself into a frenzy over a CEO pay, while the company was polluting the area with methane gas.  Right?  Question, what was the corporation's bottom line for the year, after the expenses of the loss, to include relocation of those affected?  If the company still made a large profit. perhaps the CEO deserved the bonus.  Are you a stockholder?  If not, why in such high dudgeon?  It wasn't you that suffered. 

A CEO lied about healthcare that destroyed the care for hundreds of thousands, cost billions more than reported, and is forcing more off the insurance they had for decades.  This CEO's lies affected the entire nation.  Normally, the federal government would be all over such a shyster.  But, no he's still living the high life and expects to retire soon with excellent benefits.  Where is your outrage over such behavior? 

direstraits posted:

OK, got it, you've worked yourself into a frenzy over a CEO pay, while the company was polluting the area with methane gas.  Right?  Question, what was the corporation's bottom line for the year, after the expenses of the loss, to include relocation of those affected?  If the company still made a large profit. perhaps the CEO deserved the bonus.  Are you a stockholder?  If not, why in such high dudgeon?  It wasn't you that suffered. 

A CEO lied about healthcare that destroyed the care for hundreds of thousands, cost billions more than reported, and is forcing more off the insurance they had for decades.  This CEO's lies affected the entire nation.  Normally, the federal government would be all over such a shyster.  But, no he's still living the high life and expects to retire soon with excellent benefits.  Where is your outrage over such behavior? 

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"Frenzy"?? There is nothing in the information I reported or in the manner in which I presented it that justifies your exaggerated portrayal of my mindset.  Just another cheap-ass dire device employed to produce a false sense of argumentation skills.

The unprecedentedly massive months-long release of this greenhouse gas is unquestionably an environmental disaster.  Investigations thus far indicate the company was irresponsible in not moving to prevent such an occurrence.

The company's costs to relocate affected residents were not small:

"The company noted that it costs as much as $2 million a day to house roughly 3,400 displaced residents."

http://www.newsjs.com/url.php?...splaced-by-gas-leak/

"Southern California Gas Co. (SoCalGas) mailed more than 4,900 reimbursement checks, totaling $6 million to temporarily relocated residents. To date, the company has reviewed and processed more than 24,000 reimbursements totaling more than $48 million, delivering on a commitment it made to help residents who relocated return to their normal lives as seamlessly as possible."

http://www.electricenergyonlin...ements&cat=%3b89

Paying several months of these costs for several thousands of residents would not have been necessary if the company had tended to business responsibly.

http://www.bizjournals.com/los...ge-for-gas-leak.html

More trouble for the utility:

"San Diego-based Sempra has already been hit with lawsuits over the leak, including a criminal complaint from the Los Angeles County district attorney, and faces regulatory fines and penalties."

All this bungling and environmental disaster and still big  bonuses for the CEO and other top brass?  Doesn't make sense!

 

Speaking of catastrophes,

The 2015 Gold King Mine waste water spill is a 2015 environmental disaster at the Gold King Mine near Silverton, Colorado.[1] On August 5, 2015, EPA personnel along with workers for Environmental Restoration LLC (a Fenton, Missouri, company under EPA contract to mitigate pollutants from the closed mine) caused the release of toxic wastewater when attempting to add a tap to the tailing pond for the mine.

The Animas River was closed to recreation until August 14.[19] During the closure county officials warned river visitors to stay out of the water.[20] Residents with wells in floodplains were told to have their water tested before drinking it or bathing in it. People were told to avoid contact with the river, including by their pets, that farmed animals should not be allowed to drink the water and people should not catch fish in the river. The Navajo Nation Commission on Emergency Management issued a state of emergency declaration in response to the spill.[21][note 1]

People living along the Animas and San Juan rivers were advised to have their water tested before using it for cooking, drinking, or bathing. The spill also was expected to cause major problems for farmers and ranchers who rely on the rivers for their livelihoods.[25]

The long-term impacts of the spill are unknown, but sedimentation is expected to dilute the pollutants as the spill cloud moves downstream.[26] The acid mine drainage changed the color of the river to orange.[27]

The EPA has taken responsibility for the incident, and the governor of Colorado, John Hickenlooper, declared the affected area a disaster zone. The spill affects waterways of municipalities in the states of Colorado, New Mexico, and Utah as well as the Navajo Nation. As of August 11, acidic water continued to spill at a rate of 500–700 US gal/min (1.9–2.6 m3/min) while remediation efforts were underway.

https://en.wikipedia.org/wiki/...ne_waste_water_spill

I wonder if the "CEO" of this organization still has a job?

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