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.
Author: David Turnbull
Report: New Mexico’s Oil & Gas Boom Undermines the State’s Climate Goals
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.
Report: Reinstating the Crude Oil Export Ban Could Cut Global Emissions as Much as 181 Million Tons
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
OCI response to EIB’s newly approved energy lending policy
This new policy is a signal to the wider financial community that the era of fossil fuels is past.
Reflections on the #ClimateStrike…something felt different
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.
Report: Continued North Sea oil and gas leasing would undermine Danish climate leadership
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.
Response to European Investment Bank draft policy to stop funding fossils
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.
New Report Debunks Gas ‘Bridge Fuel’ Myth
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.
Big News: Oregon says NO to Jordan Cove LNG
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.
Report: UK oil and gas drilling plans incompatible with responding to climate emergency
The UK’s oil and gas drilling plans are incompatible with responding to the climate emergency, according to ‘Sea Change,’ a new report by Platform, Oil Change International, and Friends of the Earth Scotland, published today.