Since the implementation of the Paris Agreement, G20 countries have provided at least USD 77 billion a year in finance for oil, gas, and coal projects.
Press Releases
International Groups: Japan Must Not Support Vung Ang 2 Coal Power Plant in Vietnam
Today, Japanese environmental NGOs submitted a petition for the cancellation of the Vung Ang 2 Coal-fired Power Generation Project in Vietnam to the Japanese public and private sectors signed by 127 organizations from more than 40 countries and regions.
Steny Hoyer Shills for Big Oil as HEROES Acts Shuns Safeguards Against a Fossil Fuel Bailout
“Equating a bailout for Big Oil with basic protections for nurses and healthcare workers in a pandemic is completely egregious,” said Rees of Hoyer’s comments.
Oil Change International’s Response to Total’s Climate Announcement
Today, French oil major Total published a statement touting its ambition to “get to net zero by 2050”. In response, Oil Change International released the following statement.
ReWIND Act Will Help Make Sure Money Gets to People, Not Polluters
Hundreds of environmental, social justice, labor, and progressive organizations applauded the release of the ReWIND Act, new legislation introduced today that would block a Big Oil Bailout and ensure relief money flows to people, not polluters.
Statement in Advance of Petersberg Climate Dialogue High-Level Segment
“A managed decline of oil and gas production that supports affected communities and workers must be central in a just and green recovery from the COVID-19 crisis,” said ver der Burg.
New briefing: Facing COVID-19, Governments Must Prioritize Building Resilient Societies over Fossil Fuel Bailouts
A new briefing from Oil Change International argues for a managed decline of the oil and gas sector as an essential part of recovery from the COVID-19 crisis.
Environmentalists Blast Big Oil’s Attempts to Hijack the Fed’s Main Street Lending Program
Environmentalists are blasting attempts by oil and gas companies to hijack the Fed’s Main Street Lending Program in order to pay down their debt — debt that began skyrocketing long before the coronavirus impacted the industry.
Groups: New Mexico Delegation Must Support People, Oppose Big Oil Bailout
Indigenous, community, and conservation groups today called on New Mexico’s congressional delegation to oppose bailing out fossil fuel companies with emergency aid during the coronavirus pandemic, and to focus all support on vulnerable communities.
Response to Canada’s oil and gas bailout announcement
That today’s announcement does not include most of the industry’s wish list is credit to massive public outcry.