A new comprehensive analysis released today shows that not a single climate plan released by a major oil company comes close to aligning with the urgent 1.5ºC global warming limit.
As COVID-19 becomes an official pandemic and oil prices plunge amidst a global price war, questions are emerging regarding the impact of these developments on climate and energy policy. Oil Change International experts offer statements and are available for further comment.
A new report released today by Oil Change International and partners finds that New Mexico’s projected oil and gas production is entirely out of sync with the action necessary to prevent catastrophic climate change. The report analyzes the full climate impact of New Mexico’s oil and gas extraction, and finds that the state’s goals of reducing emissions will be completely undermined by continued expansion of oil and gas.
A new report finds restoring the crude oil export ban could lead to reductions in global greenhouse gas emissions of as much as 80 to 181 million tons of carbon dioxide equivalent each year
This new policy is a signal to the wider financial community that the era of fossil fuels is past.
No longer will our movement quiver in the face of the power of the fossil fuel industry. No longer will we let the politicians unwilling to stand up to those creating this crisis off the hook. No more weak pledges, no more vague promises or flowery statements.
Denmark’s plans to expand North Sea oil and fossil gas extraction, if allowed to move forward, will greatly undermine its record of climate action, a new report released today finds.
The European Investment Bank’s proposal to end financing for fossil fuels by the end of 2020 is a massive step forward on climate leadership. With this move, the world’s largest multilateral lender is now poised to leave oil, gas, and coal in the past.
A new report debunks the myth that natural gas can be a bridge to a clean, affordable energy future and warns policymakers to “avoid picking gas as the winner” in the transition to clean energy.
Monday, May 6 was a big day in Oregon in the fight against fossil fuels. In a big win for water and our climate, the Oregon Department of Environmental Quality (DEQ) delivered a potentially fatal blow to the Jordan Cove LNG project and the Pacific Connector fracked gas pipeline.