- 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.
- I want to tell you a story about a man called Bob. Bob runs a large multinational oil company. His company has just recorded its worst ever record loss of $6.5 billion. He has sacked some 7,000 workers, ruining lives and ripping up livelihoods. His company has suffered a torrid, horrible year. His share price fell 13 per cent over the last year. His competitors all did much better.
- Have you ever stopped to think about the moments that we were on the brink of something big? Something that we look back on and find it hard to imagine how it used to be? Cell phones are a good example, or smart phones – the iPhone has only been around since 2007. The internet...
Continue reading 'A dangerous calculus'.
- Over the past decade, companies like Koch Industries, ExxonMobile, and Chevron have given millions to our elected officials. All told, combining lobbying dollars and campaign contributions, the fossil fuel industry has spent over $1.7 BILLION trying to get their way since 2005.
- “Do we really care so little about the Earth on which we live that we don’t wish to protect one of its greatest wonders from the consequences of our behaviour?”
- It is a significant legal ruling in what has been described as the “most important lawsuit on the planet right now”.
- For some time now scientists have been warning about the dangers of fracking and toxic chemicals and how they might include carcinogens, reproductive toxicants and what are known as endocrine disrupting chemicals or EDCs.
- As climate action gains momentum, there is a growing call for proposed fossil fuel infrastructure and policies to be measured in terms of their role in a safe climate future -- in other words, a climate test. But what should they be tested against?
- In our latest briefing, we unravel why U.S. government agencies are setting themselves up for climate failure when assessing the climate impact of fossil fuel decisions, and what they should do about it.
- The recently released draft five-year plan for offshore oil and gas drilling is predicated on a failure to act on stated climate policy according to a new briefing note released by Oil Change International and Greenpeace USA today.
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