As governments begin to unveil trillions of dollars in recovery support and stimulus, now is the time to break old habits – such as the USD 77 Billion in public money that the G20 is still spending annually to finance oil, gas, and coal projects.
Author: Kelly Trout
Deep Dive: 5 reasons governments must act now to phase out oil and gas production
The current crisis is a clear warning sign that, if governments leave the “when” and “how” of the end of oil and gas up to tumultuous markets, the outcome will not be good for either people or the planet.
Oil and gas news & insights: Week of April 20
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
To advise on green stimulus, the IEA needs to upgrade its own climate toolbox
A toolbox isn’t very helpful if even the best tool in it only gets you halfway to the repair you need to make. As the IEA prepares a special report on economic recovery, it must close its own climate credibility gap.
The Loopholes Lurking in BP’s New Climate Aims
It’s time for BP and all oil companies to stop hiding behind net-zero rhetoric and commit to immediate action on the scale of the crisis we’re in.
The IEA and WEO 2019: Still working for fossil fuels, not global climate goals
In its 2019 World Energy Outlook, used by governments and investors all over the world to guide energy decisions, the International Energy Agency is still centering a trajectory heading towards climate breakdown.
Decoding the IEA’s Scenario Spin: Real reform or more of the same?
When it comes to the urgent need for a robust, central, 1.5°C-aligned energy scenario that doesn’t gamble our future on unproven technologies, the IEA unfortunately presents far more spin than substance.
The IEA’s Hidden Negative Emissions Gamble
For the IEA, real scenario reform will require more than risky emissions accounting tricks that punt the burden and costs of reducing emissions to future generations.
‘Science is not negotiable’: The Fossil Fuel Phase-Out Must Start Now
Affirming that “science is not negotiable” in the halls of a UN conference center and acting on that fact in one’s own policy decisions can be two different things. What counts for the climate is action to manage a rapid and just transition off of fossil fuels.
The U.S. Oil and Gas Industry Is Drilling Us Towards Climate Disaster
A new study released today by Oil Change International and 17 partner organizations makes it clear that managing a rapid and equitable decline of U.S. fossil fuel production must be a core component of any comprehensive climate policy.