with Steve Kretzmann Much is being written and said about rising gas prices, Obama’s energy policies in general and the Keystone XL pipeline in particular. While the President’s opponents repeat ad infinitum the “Drill Baby Drill” mantra, it has been interesting to note that much of the mainstream press has been skeptical. And so they … Read More
Research & Opinions
Keystone XL benefits from taxpayer subsidies
 Sen. Mitch McConnell claimed recently that the Keystone XL Pipeline “doesn’t require a penny of our taxpayer money all the president has to do is approve it.” But our research reveals many places that the pipeline project benefits from taxpayer subsidies. The refineries that are linked to the Keystone XL tar sands pipeline as committed … Read More
Keystone XL Does Not Enhance U.S. Energy Security
New report by Oil Change International and Natural Resources Defense Council finds Keystone will increase price of oil in the Midwest.
Tar sands have trouble ‘getting to market’ – new report
Our latest report, Getting to Market: Emerging Investor Risks in the Tar Sands highlights the latest challenge facing the tar sands industry and warns investors to look more critically at industry’s ambitious claims. Download the full report Tar sands extraction projects are moving forward with increasing pace. The industry ambition is to grow production from … Read More
Shift the Subsidies Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years
Development Banks Still Financing Dirty Energy New Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years Nov. 30, 2011, Durban, South Africa – Major multilateral development banks have provided financing of over $40 billion to fossil-fuel energy development since 2008, according to the new Shift the Subsidies database (http://shiftthesubsidies.org), launched today by … Read More
Civil Society to World Bank: Clean Up Dirty Energy Financing
New report shows institution lacking clean energy lending strategy and instead considering a new loan for coal power in Kosovo BASIC South Initiative – Campagna per la riforma della Banca Mondiale (Italy) – Friends of the Earth U.S. – groundWork (South Africa) – International Rivers – Oil Change International – Sierra Club (U.S.) – Urgewald … Read More
Payback Time? The Supercommittee & Fossil Fuel Subsidies
The 12 members of the Joint Select Committee on Deficit Reduction, or “supercommittee,” have received at least $4.2 million in campaign contributions from dirty energy interests lobbying to keep their wasteful taxpayer subsidies, according to a new report from Oil Change International (OCI) and Public Campaign Action Fund (PCAF). The report analyzes the millions of … Read More
The Keystone XL Energy Security Sham
Tomorrow sees the final public hearing in the national interest determination process surrounding the controversial Keystone XL pipeline. The proposed 1,700 mile pipeline would bring up to 900,000 barrels per day of dirty tar sands crude to the Gulf Coast from Alberta, Canada if approved by the State Department. The hearing will take place in … Read More
Oil Money and the “SuperCongress”
Eight of the twelve members of the newly-named Joint Committee on Deficit Reduction have voted in the last two years to allow oil companies to keep more than $4 billion annually in taxpayer subsidies in place. All six Republicans have consistently voted to preserve oil industry handouts. Oil industry lobbyists have made maintaining these handouts … Read More
Report Finds World Bank’s Energy Lending Fails to Target the Poorest
Tuesday, June 7, 2011 FOR IMMEDIATE RELEASE CONTACT: Elizabeth Bast, Oil Change International, 202-641-7203, ebast [at] priceofoil [dot] org Patricia Brooks, ActionAid USA, 202-351-1757 Report Finds World Bank’s Energy Lending Fails to Target the Poorest, Calls for Decentralized Clean Energy to Achieve Development Goals WASHINGTON, D.C. – New research released today by Oil Change International, … Read More