Briefing: Overseas players should not dominate distributed renewable energy sector in Africa

July 21, 2020By OCI TeamNews, Press Releases, Stopping Carbon Lock-In No Comments

A new briefing released by Oil Change International details how the growth of distributed renewable energy in Africa has so far failed to include locally-owned companies and initiatives. The sector has been growing rapidly since 2013 — especially for companies focused on “pay-as-you-go” solar home systems — but finance has overwhelmingly only been accessible for multinational companies that are based in Europe or North America or led by entrepreneurs from these regions, meaning profits are largely not remaining in Africa.

Report: The Netherlands fails to meet 2020 deadline for ending fossil fuel subsidies

July 14, 2020By OCI TeamFeatured, News, Press Releases, Stop Funding Fossils No Comments

Amidst a climate crisis and global pandemic, a new analysis from Friends of the Earth Netherlands and Oil Change International reveals that the Dutch government continues to provide billions — at least €8.3 billion per year — in taxpayer backed support for the production and use of fossil fuels. By ending fossil fuel subsidies, the Netherlands could free up resources to invest in a just and green recovery from COVID-19, whilst reducing greenhouse gas emissions by 7.7% by 2025.

Oil Change International Response to IEA Sustainable Recovery Report

June 18, 2020By OCI TeamEnergy Transitions & Futures, Press Releases 1 Comment

In response to the new report released today by the International Energy Agency (IEA), experts at Oil Change International have issued the following statement: “The IEA again misses the mark where it matters the most, completely ignoring the link between sustainable recovery and staying within 1.5°C of warming. Nowhere in the report is there mention of the critical 1.5-degree warming limit, let alone analysis of what’s needed for a recovery plan to be fully aligned with it.”