TotalEnergies Uses Record Profits to Fuel Oil and Gas Expansion Incompatible with 1.5-Degree Limit

May 25, 2023By Valentina StacklIndustry Updates, Press Releases

FOR IMMEDIATE RELEASE May 25, 2023 French oil major responsible for more climate pollution in 2022 than France – its own emissions targets allow same level of greenhouse gas pollution through 2030 [Paris, France] – New analysis released ahead of TotalEnergies’ annual shareholder meeting shows the French oil and gas major used record 2022 profits … Read More

Updated analysis reveals oil industry climate plans are grossly insufficient to achieve Paris Climate Goals

May 24, 2022By Oil Change InternationalFeatured, Press Releases

The report finds the oil and gas majors are involved in over 200 expansion projects on track for approval from 2022 through 2025. If they go forward, these companies’ investments could create an additional 8.6 billion tonnes (Gt) of carbon pollution – equivalent to the lifetime emissions of 77 new coal power plants.

Canada’s Big Oil Reality Check: Major oil and gas producers undercut Canada’s commitment to 1.5ÂșC

November 3, 2021By Oil Change InternationalEnergy Transitions & Futures, Featured, Reports

The assessment by Environmental Defence Canada and Oil Change International assesses eight of Canada’s top oil and gas producers, including Imperial (ExxonMobil) and Shell. It finds they are all on track to increase their oil and gas production in Canada, rather than planning a fair transition away from fossil fuels that are fuelling the climate crisis.

New Report: Climate Plans of Major Canadian Oil and Gas Producers Undercut Canada’s Commitment to 1.5ÂșC

November 3, 2021By Oil Change InternationalBlog Post, Energy Transitions & Futures, News, Press Releases

The climate plans of major oil and gas companies operating in Canada rank among the worst worldwide and will accelerate the climate crisis rather than help Canada and the world limit warming to 1.5 degrees Celsius (ÂșC), according to a new report launched at the UN Climate Change Conference.