Why we can’t hide from the discussion about a managed decline of fossil fuel production. It is clear that the end of the fossil fuel era is on the horizon. Between plummeting renewable energy costs, uncharted electric vehicle growth, government commitments to decarbonization enshrined in the Paris agreement, and a growing list of fossil fuel … Read More
The Lofoten Declaration calls for no new exploration or expansion of oil, coal, or gas, and a managed decline of the fossil fuel sector. For a good part of the past three decades, climate action has been planned, measured, judged, and implemented based on tackling emissions where they come out of the chimney or the … Read More
Hundreds of Global Organisations Demand Supply-Side Action The Lofoten Declaration calls for a managed decline of the fossil fuel sector. For the text of the declaration and a full list of signatories, visit http://www.LofotenDeclaration.org. FOR IMMEDIATE RELEASE 7 SEPTEMBER 2017 Contact: Hannah McKinnon, hannah [at] priceofoil.org Over 220 organizations from 55 countries have released a … Read More
Unprecedented and “never-before-seen” impacts of climate change are all around us. From Hurricanes’ Harvey and Irma to massive flooding in India, Bangladesh, and Nepal to forest fires burning through the west coast of North America – climate change is here and now, and it is catastrophic. Fortunately, unprecedented and never-before-seen climate policy is also starting … Read More
August 29, 2017 CONTACT: Rachel Vincent, Rvincent [at] nobelwomensinitiative.org, +1 613 569-8400 ext. 113 Five Nobel Peace Laureates have written to Norwegian Prime Ministerial candidates, Erna Solberg and Jonas Gahr Støre, calling for Norwegian climate leadership and an end to fossil fuel exploration and expansion. The letter, sent from the Nobel Women’s Initiative in advance … Read More
Five Nobel Peace Laureates have called on Norwegian Prime Ministerial candidates to declare their intent to put an end to fossil fuel exploration and expansion. The letter, sent in advance of the country’s national elections in mid-September, is an appeal for climate leadership. But, they are also the world’s seventh largest exporter of emissions. Their … Read More
Norway’s plans for fossil fuel development are at odds with its commitments to the Paris climate goals according to a new report. In addition to being the world’s seventh largest emissions exporter, projected oil and gas development in the country are incompatible with global carbon budgets aligned with limiting global warming to 2 degrees Celsius or 1.5 degrees Celsius.
A new study released by Oil Change International, examines the role of Norwegian oil and gas production in a Paris-aligned global carbon budget.
In a dramatic turn of events, it looks like all bust and no more boom for the Alberta tar sands, according to our recent analysis based on industry data. In reality, future rates of production will likely be insufficient to fill even one new pipeline.
The oil industry’s own data shows that the tar sands are on the edge of decline – but the key question is if they will take everyone else down with them.