Resources

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  Letter: 200+ Groups to G20 & Multilateral Development Banks – Stop Funding Fossils

  Collin Rees, December 11, 2017
  Over 200 civil society groups released a letter calling on multilateral development banks, including the World Bank, and leaders of G20 governments to commit to phase out subsidies and public finance for fossil fuels as soon as possible.
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  Briefing: Dirty Dozen – How Public Finance Drives the Climate Crisis through Oil, Gas, and Coal Expansion

  Alex Doukas, December 11, 2017
  To have any hope of meeting globally-agreed climate goals, global financial flows must rapidly align with low-emission, climate-resilient development, and government-backed public finance institutions like the World Bank must signal this transition.
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  Fact Sheet: Despite Paris Agreement, Governments Still Fund Billions in Fossil Fuel Finance Each Year

  Elizabeth Bast, November 14, 2017
  Instead of funding clean energy solutions, G20 governments and multilateral development banks still overwhelmingly fund the problem, averaging nearly $72 billion per year in public finance for fossil fuels compared to less than $19 billion per year for renewable energy.
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  Burning the Gas ‘Bridge Fuel’ Myth

  Lorne Stockman, November 9, 2017
  This analysis provides five clear reasons why fossil gas is not a "bridge fuel.” It shows that even with zero methane leakage, gas is not a climate change solution.
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  Time to Stop Digging: Why Germany’s Climate Leadership Requires a Rapid Phaseout of Fossil Fuel Production and Finance

  Hannah McKinnon, November 7, 2017
  Germany is falling far short of true climate leadership – our new report details why it must end coal production swiftly with a just transition and stop funding fossil fuels aboard.

• Sign-on Letter: Oppose Expanding the 45Q Tax Credit for Oil, Gas and Coal Companies

  Janet Redman, November 7, 2017
  Organizations from frontline communities - where Americans that are most impacted by climate change and the fossil fuel industry live - and organizations working in solidarity with them, are urging lawmakers to reject the FUTURE Act (S.1535) and the Carbon Capture Act (H.R.1379) - and to oppose its inclusion in a tax policy package.

• Sign-on Letter: No Subsidies for Enhanced Oil Production

  Janet Redman, November 7, 2017
  More than 30 environmental, public health, consumer, and climate groups delivered a letter to members of Congress in opposition to the FUTURE Act (S.1535) and Carbon Capture Act (H.R.3761) - and any attempts in a tax policy package to extend or expand subsidies for enhanced oil production.
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  Funding Tar Sands: Private Banks vs. the Paris Climate Agreement

  Adam Scott, November 2, 2017
  According to a new report released today by Rainforest Action Network, Oil Change International, and 10 organizations from around the world, commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement 1.5° to 2° target – and finance levels are surging in 2017.
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  What’s the plan?

  Hannah McKinnon, November 1, 2017
  Why we can’t hide from the discussion about a managed decline of fossil fuel production. It is clear that the end of the fossil fuel era is on the horizon. Between plummeting renewable energy costs, uncharted electric vehicle growth, government commitments to decarbonization enshrined in the Paris agreement, and a growing list of fossil fuel...
  Continue reading 'What’s the plan?'.
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  In the Pipeline: Risks for Funders of Tar Sands Pipelines

  Adam Scott, October 30, 2017
  A new report exposes the huge financial risks behind three major Canadian tar sands pipeline project proposals: Kinder Morgan’s Trans Mountain Expansion, TransCanada’s Keystone XL and Enbridge’s Line 3 expansion.