Government handouts to boost BP’s private profits massively exceed the firm’s sponsorship of the arts – it’s time to cut these dirty ties once and for all.
Subsidies: Propping Up Oil Profits & Polluting the Climate Oil Change International & Sierra Club January 2017 DOWNLOAD INFOGRAPHIC Almost half of all oil production expected to come online in the United States is only economic if the public props up private investments with taxpayer handouts. The other half of oil production would happen even … Read More
A handful of wealthy countries are still funding fossil fuels instead of climate action, giving 3.6 times more public money to prop up fossil fuels than they’re giving to developing countries to address climate change.
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 … Read More
New Infographic! There are many reasons that the Keystone XL pipeline will clearly exacerbate the problem of climate pollution…but one that is often overlooked at our peril is the problem of petroleum coke (aka “petcoke”).
Here in Doha for the UN climate negotiations, we’ve just released new analysis that shows that fossil fuel subsidies in rich countries are, on average, five times greater than those same countries’ pledges towards climate finance.
What if you knew that smoking that one last packet of cigarettes was going to give you cancer? Imagine if our understanding of cancer was so precise as to allow doctors to predict with virtual certainty that smoking that particular pack, which you just picked up at the corner store, would definitely be the last … Read More
In this graphic, you can see that according to Oil Change International analysis, governments around the world are spending perhaps more than $1 trillion USD combined per year subsidizing the fossil fuel industry.