Press Releases

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  Official submissions call on UN climate parties to address fossil fuel production and financing

  David Turnbull, May 9, 2018
  Today, close to 500 organizations and 140 leading economists are calling on parties gathered for the latest round of climate negotiations to address fossil fuel production and financing in order to ensure success in meeting goals enshrined in the Paris Climate Agreement.
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  US Commercial Banks In For a Spring of Fossil Fuel Resistance

  David Turnbull, April 16, 2018
  FOR IMMEDIATE RELEASE April 16, 2018 US Commercial Banks In For a Spring of Fossil Fuel Resistance US commercial banks are gearing up for their annual general meetings, starting as early as this week, but they’re not alone in making plans for AGM season. A growing number of concerned communities and organizations are planning a...
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  RELEASE: US Bank Raises $2 Billion in Oil and Gas Pipeline Finance Since Pledge to Stop Pipeline Financing

  David Turnbull, April 12, 2018
  FOR IMMEDIATE RELEASE April 12, 2018 US Bank Raises $2 Billion in Oil and Gas Pipeline Finance Since Pledge to Stop Pipeline Financing Since revising its environmental policy last year, US Bank financed more than $2 billion to companies building oil and gas pipelines, including an estimated $480 million to Energy Transfer Partners, new analysis...
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  RELEASE: International Energy Agency is holding governments back on climate policy

  David Turnbull, April 4, 2018
  Through its energy forecasts, the International Energy Agency (IEA) has been guiding governments towards energy decisions that are inconsistent with the goals of the Paris Climate Agreement, new research has found.
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  Report Finds Major Banks Ramped Up Fossil Fuel Financing to $115 Billion in 2017

  David Turnbull, March 28, 2018
  The report finds that major private banks funneled $115 billion into extreme fossil fuels in 2017, an increase of 11% from 2016. The single biggest driver of the increase in financing came from the tar sands sector, where financing grew by 111% from 2016 to 2017.
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  Statement: Shell’s New “Climate” Scenario Is Good for Shell, Bad for Humanity

  Greg Muttitt, March 26, 2018
  Today, Shell released a new scenario which outlines a possible energy future for the world involving massive negative emissions. In response, Greg Muttitt commented, "The lesson is simple: If you want to know how to fix climate change, don't ask a company that wants to sell you more oil and gas."
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  In Advance of TransCanada Earnings Call, Groups Release Investor Briefing on Keystone XL Obstacles

  Lorne Stockman, February 15, 2018
  This new investor briefing examines the current state of the Keystone XL pipeline and the legal, regulatory, and political obstacles that its owner TransCanada continues to face.
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  Statement: Trump Administration Budget and Infrastructure Proposals Signal All-out Assault on Public Health, Environment

  David Turnbull, February 12, 2018
  Trump’s infrastructure scam is all about greasing the wheels for oil, gas and coal development and his budget funds this massive giveaway. ‘Streamlining’ critical environmental review really means steamrolling landowners and putting a muzzle on communities when they resist oil and gas pipelines being built through their backyards for private profit.
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  House Poised to Vote for Big Oil Subsidy in Budget Deal – Oil Change Int’l Response

  Janet Redman, February 8, 2018
  "It's cynical and reckless to provide relief for climate-related disasters with one hand, while essentially paying Big Oil to worsen the climate crisis with the other. Transferring billions of dollars from hard-working taxpayers to ultra-rich oil companies to extract more fossil fuels will not make our country safer or stronger."
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  Statement: California leadership makes the case for no new fossil fuel development in the state

  David Turnbull, February 7, 2018
  As we approach the Global Climate Action Summit, hosted by Governor Brown later this year, now would be a fantastic moment for the Brown-Newsom administration to announce new steps to limit fossil fuel extraction in the state writ large. The case for a managed phase out of fossil fuel production in California is clear, they simply need to read their own letter released today.