- World Bank Group finance for fossil fuel exploration projects from FY2008 to 2013 was highest in 2013, at nearly $1 billion out of $2.7 billion total for fossil fuel projects.
- Lifting the Ban, Cooking the Climate The Climate Impact of Lifting the Crude Oil Export Ban March 2014 The U.S. oil industry’s biggest players, including ExxonMobil and the American Petroleum Institute, are calling for an end to the U.S. ban on crude oil exports that has been in place for more than four decades since...
Continue reading 'Lifting the Ban, Cooking the Climate'.
- 'Frozen Future' warns investors of the risks to shareholder value from Royal Dutch Shell’s Alaskan Arctic drilling program.
- In 2009, President Obama made a commitment to reduce U.S. greenhouse gases by 17 percent by 2020. The Obama administration put this forward as the U.S. share of a global effort to limit climate change to no more than two degrees Celsius – the target scientists tell us may be safe. Achieving this target, which...
Continue reading 'Kerry’s State Department Ignored Obama’s Climate Action Plan'.
- The Refinery Report project will develop and publish data on North America’s refineries, beginning with the amount of crude oil refined from the world’s dirtiest and most destructive source of oil: the Canadian tar sands.
- With just a few days left until the 19th Conference of the Parties (COP) of the United Framework Convention on Climate Change (UNFCCC) conference draws to a close, time is running out to reach a meaningful agreement on providing climate finance for developing countries – a key component of the negotiations. But as shown in...
Continue reading 'A Call for Reason in Warsaw: Finance Climate Action, not Fossil Fuel Subsidies'.
- Our latest report released today exposes U.S. oil producers that want to export crude oil despite the fact that they still only produce barely more than 50% of U.S. oil demand. 40 years on from the Arab oil embargo and America’s oil producers have only one thing on their minds; profits. Lifting crude export restrictions...
Continue reading 'Ship, Baby, Ship! The push for U.S. crude oil exports has started. Here’s why it’s a terrible idea'.
- The World Bank Group (WBG) increased financing for both fossil fuels and large hydropower significantly this past year, while financing for clean energy dropped. Overall, only 8 percent of the Bank’s energy financing last year was aimed specifically at the poor.
- The World Bank’s infrastructure program in Indonesia stipulates policies and government subsidies that promote the accelerated development of over 16 GW of coal power projects in the country ahead of developing feasible renewable alternatives.
- FAIL: How the Keystone XL Tar Sands Pipeline Flunks the Climate Test The Obama administration’s decision on the proposed Keystone XL tar sands pipeline is a choice about our climate future. Tar sands are one of the most carbon polluting sources of oil on the planet, and limiting tar sands expansion is critical to fighting...
Continue reading 'FAIL: How the Keystone XL Tar Sands Pipeline Flunks the Climate Test'.
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