The World Bank Group continues to invest in exploration for new fossil fuel reserves despite clear signs that we already have far more fossil fuels than we can afford to burn, and over the last five years, the World Bank Group’s total fossil fuel finance has trended upwards, with finance into the billions of dollars nearly every year.
This factsheet shines a light on the millions in campaign contributions made to our elected officials over the past 10 years and the billions in fossil fuel subsidies the industry gets in return.
The recently released draft five-year plan for offshore oil and gas drilling is predicated on a failure to act on stated climate policy. To remedy this, the U.S. government should act quickly to implement a climate test in order to evaluate energy decisions on the basis of our national and international climate commitments.
The idea that greater pipeline capacity and access to tidewater would maximize the value Alberta receives for its tar sands crude is a standard talking point for industry, politicians, and other commentators in the ongoing oil price-induced recession in Alberta.
Dispelling myths about North Sea oil taxes, jobs, profits and climate
New analysis released today at the COP21 climate negotiations reveals that G7 countries along with Australia spend 40 times more on support for fossil fuel production than they do in contributions to the Green Climate Fund.
G20 country governments are providing $444 billion a year in subsidies for the production of fossil fuels. These governments are propping up the production of oil, gas and coal, most of which can never be used if the world is to avoid dangerous climate change, and undermining national climate commitments.
The states of Washington and Oregon are facing a quadrupling of their crude-by-rail terminal capacity to over a million barrels a day. This report examines the impact that expansion will have on unlocking carbon and thereby exacerbating climate change.
Hidden Costs: Pollution from Coal Power Financed by OECD Countries November 2015 Oil Change International and WWF DOWNLOAD REPORT OECD countries support coal-fired power plants abroad by providing preferential financing through institutions called Export Credit Agencies (ECAs). These coal-fired power plants have significant costs, in the form damages to the health of local populations from air … Read More
The pipelines exporting tar sands out of Alberta are almost full, according to new analysis by Oil Change International. Without major expansion-driving pipelines such as Energy East, Kinder Morgan or Keystone XL, there will be no room for further growth in tar sands extraction and tens of billions of metric tonnes of carbon will be kept in the ground.