Research & Opinions
- 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...
Continue reading 'Shift the Subsidies Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years'.
- 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...
Continue reading 'Civil Society to World Bank: Clean Up Dirty Energy Financing'.
- 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...
Continue reading 'Payback Time? The Supercommittee & Fossil Fuel Subsidies'.
- 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...
Continue reading 'The Keystone XL Energy Security Sham'.
- 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...
Continue reading 'Oil Money and the “SuperCongress”'.
- 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,...
Continue reading 'Report Finds World Bank’s Energy Lending Fails to Target the Poorest'.
- Find out how much oil money your elected representatives take by visiting the Dirty Energy Money site. Washington, D.C.—U.S. Senators that blocked a vote on legislation to end taxpayer subsidies to oil companies have received five times more in campaign contributions from oil and gas interests than those who voted to begin debate, according to...
Continue reading 'Senators Opposing End of Oil Subsidies Received Five Times More in Big Oil Campaign Cash'.
- Media Contacts: Adam Smith, Public Campaign Action Fund, (202) 640-5593, email@example.com Steve Kretzmann, Oil Change International, (202) 497-1033, firstname.lastname@example.org For Immediate Release May 12, 2011 Senate Finance Committee Awash in Campaign Cash from Big Oil Committee Republicans take 4 times more oil money than Democrats, on average As representatives of the biggest oil companies are...
Continue reading 'Senate Finance Committee Awash in Campaign Cash from Big Oil'.
- As the U.S. Congress debates several measures to remove oil industry subsidies, we have published a new factsheet that overviews some of the key issues in the subsidy debate. Additional information is available from Oil Change International by visiting our page on fossil fuel subsidies, by emailing email@example.com or calling (202)-518-9029.
- Is a key valuation metric used by analysts to assess oil companies pushing big oil towards riskier and riskier projects? Those of us outside the financial sector may not be too familiar with acronyms such as RoACE, NAV or RRR. But the last one in particular has been intriguing me lately because of its implications...
Continue reading 'Reserves Replacement Ratio: past its sell-by date?'.
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