Posts by Alex Doukas
- Today, G20 leaders in China again failed to set a deadline to end fossil fuel subsidies, seven years after they first committed to ending them. Even as G20 governments move to ratify the Paris Agreement on climate change, they’re adding fuel to the fire by dumping $444 billion of our money into polluting fossil fuel companies every year, undermining the spirit...
Continue reading 'Fossil fuel subsidies are “the world’s dumbest policy” – so why won’t G20 leaders end them?'.
British Columbia’s cynical new climate plan proposes new fossil fuel subsidies and banks on climate catastropheFOR IMMEDIATE RELEASE August 19, 2016 Contact: Alex Doukas, alex [at] priceofoil [dot] org British Columbia’s cynical new climate plan proposes new fossil fuel subsidies and banks on climate catastrophe Today, the Premier of British Columbia, Christy Clark, announced the province’s new Climate Leadership Plan. In response, Alex Doukas, Senior Campaigner at Oil Change International, made the following statement:...
Continue reading 'British Columbia’s cynical new climate plan proposes new fossil fuel subsidies and banks on climate catastrophe'.
- “The world is in a deep hole with climate change, and the first thing to do when you're in a hole is to stop digging. If world leaders want to show that they’re committed to the kind of bold climate action they agreed to in Paris, the least they can do is commit to ending fossil fuel subsidies by 2020."
- This week, the leaders of Mexico, Canada, and the United States met in Ottawa for the North American Leaders’ Summit. In their outcome statement on climate and energy, they committed to “phase out inefficient fossil fuel subsidies by 2025 and call on the other members of the G-20 to do the same.” Along with their...
Continue reading 'Should North Americans subsidize oil, gas, and coal for another 10 years?'.
- In the past three years, the North American and European commercial and investment banking sector has engaged in fossil fuel financing practices that are deeply at odds with the global climate agreement reached at COP 21 last December.
- FOR IMMEDIATE RELEASE May 27, 2016 Contact: Alex Doukas, alex [at] priceofoil [dot] org G7 leaders call for end to fossil fuel subsidies worldwide by 2025 In response to the G7 Leaders’ Declaration released today, where world leaders for the first time established a deadline on their commitment to phase out fossil fuel subsidies, Alex Doukas, Senior...
Continue reading 'Reaction: 2025 fossil fuel subsidies deadline in G7 Leaders’ Declaration'.
- In providing public finance for coal projects, Japan ranks as the worst offender among the G7 nations for supporting more than $22 billion in overseas coal projects from 2007-2015, and for plans to finance another $10 billion in future coal projects. Other G7 nations also financed coal development between 2007-2015
- “Cigarettes are good for you.” The tobacco industry successfully peddled this myth for decades. Today, nobody would believe them, and the boldness of the lie seems staggering in retrospect. But Japan, under the leadership of Prime Minister Shinzo Abe, seems determined to give the tobacco industry a run for its money with another big lie:...
Continue reading 'What do Japan and the tobacco industry have in common?'.
- This report assesses how four multilateral development banks (MDBs) — World Bank Group, Inter- American Development Bank, African Development Bank, and Asian Development Bank — are measuring up in their efforts to address the global energy access challenge.
- The World Bank Group continues to invest in exploration for new fossil fuel reserves despite clear signs that we already have far more fossil fuels than we can afford to burn, and over the last five years, the World Bank Group’s total fossil fuel finance has trended upwards, with finance into the billions of dollars nearly every year.
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