- An examination of crude-by-rail data shows that the U.S. east coast has become one of the busiest regional destinations for hazardous crude-by-rail traffic. Oil Change International used publicly available Department of Energy (EIA) data as well as subscription data from Genscape to examine the growth of crude-by-rail to one of the most densely populated areas...
Continue reading 'U.S. East Coast is key crude-by-rail destination'.
- Today we’re releasing a new briefing, entitled “Lift the Ban, Cook the Climate: Why Eliminating the Crude Export Ban Fails the Climate Test,” detailing why Congress and the President should stand up to current efforts by the oil industry to eliminate the ban on crude oil exports.
- Oil Change International- May 2015 Download Briefing The Canadian tar sands is among the most carbon-intensive, highest-cost sources of oil in the world.Even prior to the precipitous drop in global oil prices late last year, three major projects were cancelled in the sector with companies unable to chart a profitable path forward. Since the collapse...
Continue reading 'On the Edge: 1.6 million barrels per day of proposed tar sands oil on life support'.
- Shell is currently moving its drilling rigs to Seattle in anticipation of resuming its US offshore Arctic drilling programme in July. However, it is far from clear that Shell has adequate physical or financial plans to deal with the impacts of a major oil spill in this remote region.
- This analysis finds that over the last decade, export credit agency financing has played a significant role in supporting coal power generation globally. Most alarmingly, OECD export credit financing for coal has substantially increased in recent years.
- Oil Change International, Greenpeace, and Platform – February 2015 Download Briefing On 29 January 2015, Royal Dutch Shell confirmed that it intends, subject to regulatory approval, to resume its US Arctic drilling programme at a cost for 2015 of at least $1bn. To date, Shell’s Arctic programme has been a failure despite capital expenditure in...
Continue reading 'Frozen Future: Shell and the US Offshore Arctic'.
- 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.
- 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'.
- 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'.
- 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.
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