TVA’s Extravagant Executive Toys at Your Expense

Just when you thought the excessive executive compensation was bad, it appears that the Tennessee Valley Authority’s (TVA) CEO Bill Johnson, already the highest paid federal employee in the entire country taking home over $6.5 in total compensation in 2017, spent the last few years on a spending spree buying new corporate jets, airplanes and a luxury helicopter. Over the past two and a half years it looks like the grand total of the spending spree comes in at about $40,000,000.

No Bonuses for Mismanagement, Mistakes at Nuclear Expansion Projects

This blog was written by High Risk Energy Intern, Kailie Melchior. I’ve been tracking the troubled nuclear power expansion projects in South Carolina and Georgia and have some observations. With SCE&G and Santee Cooper in South Carolina, I thought utilities learned that taking big bonuses while pushing off costs from a deeply troubled new nuclear [...]