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At Oil Change International we work to expose the true costs of fossil fuels and facilitate the ongoing transition to clean energy. Join us.
LATEST POSTS
Yesterday, the World Meteorological Organization (WMO) warned that the “industrial slowdown due to the COVID-19 pandemic has not curbed record levels of greenhouse gases which are trapping heat in the atmosphere, increasing temperatures and driving more extreme weather, ice melt, sea-level rise and ocean acidification.”
Despite the warnings for years that we cannot burn new reserves of oil if we want a liveable climate, the West's top nine oil majors alone are sitting on more than 28 billion barrels of oil equivalent of undeveloped resources. Much of this could end up going from being an asset to a liability, just as many predicted.
Trump seems determined to try and push his rabid fossil fuel agenda through to his last day in office. Until the dying breath of his Presidency, he will do the bidding of Big Oil.
Tomorrow evening, our colleagues at PlatformLondon will be hosting an online global arts event in collaboration with MOSOP (Movement for the Survival of the Ogoni People), Shake! And Virtual Migrants, to not only celebrate the Ogoni 9, but also for people to hear from other frontline environmental defenders from key battles against the oil industry. It promises to be an inspirational evening.
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REPORTS & BRIEFINGS
A new report by Oil Change International on the Mountain Valley Pipeline (MVP) reveals that banks have continued pouring money into the project over recent years, despite numerous warnings that the project has been financially unsustainable and a threat to the climate.
This analysis, an update to our 2017 report, reveals that the estimated cost of the Mountain Valley Pipeline has nearly doubled since 2017, increasing the potential project cost from USD 3.5 billion to between $6.3 and $6.5 billion.
In this new report we consider recovery commitments and pre-pandemic policies to rank G20 countries' progress in phasing out support to fossil fuels. We find at least USD 584 billion per year between 2017 and 2019 in public support for fossil fuels from G20 governments.
A new report by Oil Change International and Rainforest Action Network (RAN) shows how major banks have continued pouring money into fracking companies in recent years despite numerous warnings that the sector was financially unsustainable — on top of the well-documented environmental, health and climate impacts of the industry.
Our new discussion paper analyzes the current climate commitments of eight of the largest integrated oil and fossil gas companies, and reveals that none come close to aligning their actions with the urgent 1.5°C global warming limit as outlined by the Paris Agreement.
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PROGRAM AREAS
The world is experiencing a climate breakdown. We're working to chart a new course off fossil fuels.
STOP FUNDING FOSSILS
Governments are still spending billions subsidizing oil, gas and coal. We need to #StopFundingFossils and start investing in the future.
Current Campaigns: Public Finance, Energy Access, No Coal Japan
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STOPPING CARBON LOCK-IN
The science says we need to keep fossil fuels in the ground to meet climate goals. We’re pushing back against industry expansion.
Current Campaigns: Real Climate Leadership, Stopping Oil & Gas Infrastructure
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ENERGY TRANSITIONS & FUTURES
The Paris climate goals demand a rapid, just transition from fossil fuels to clean energy. We’re pushing institutions and governments to lead the way.
Current Campaigns: International Energy Agency Reform, First Movers