New research published today and presented at the UN climate talks in Bonn, predicts that following three years of almost no growth, the burning of fossil fuels will reach a record high this year.
China
G20 leaders fail to act on fossil fuel subsidies, undermining Paris climate goals
FOR IMMEDIATE RELEASE September 5, 2016 Contact: Alex Doukas, alex [at] priceofoil [dot] org G20 leaders fail to act on fossil fuel subsidies, undermining Paris climate goals In response to the statements on fossil fuel subsidies in the G20 Leaders’ Communique, which fail to establish a deadline for the phase out of subsidies, Oil Change International has … Read More
Oil Change International Statement on China’s Announcement to Limit Investment in Polluting Projects
In moving towards an end to government funding for the fossil fuel industry, President Obama and President Xi are demonstrating real, substantive progress towards the 2009 G20 Leader’s Pledge of phasing out fossil fuel subsidies.
A Welcome Step Towards the Last Tango in Paris
One step forward – two steps back or two steps forward one step back? It’s been a topsy turvy couple of weeks as far as the climate is concerned. We have had the Republicans gaining control of both sides of the House and Obama pulling a climate rabbit out of the hat with the US-China deal.
Chinese Changing Global Energy Market
Chinese companies are changing their investment strategies, with implications for the global energy market
China Enters Arctic Oil Race
The Chinese state oil company, CNOOC has become the first Chinese oil company to invest in Arctic oil.
New Amazon Oil Threat
On the same day that Peru declares a State of Emergency over oil pollution in the Amazon, the Ecuadorians offer 3 million hectares of pristine forest to the Chinese to explore for oil.
Is Oil One Reason For Genocide of Rohingya in Burma?
Human rights campaigners are warning that further ethnic cleansing in Burma, which is being exacerbated by land clearances due the Shwe Oil Gas pipeline, could be imminent.
Japanese – China Conflict “All About Oil”
It was planned to be the year of friendship between China and Japan, but instead we have a brewing conflict over oil. The headlines of the burgeoning diplomatic spat between China and Japan may be about “disputed islands” but make no mistake, this is a conflict over oil. It was all meant to be so … Read More
Chinese Increase Investment in Tar Sands
In its “Energy Outlook” for last month, the global investment bank Goldman Sachs argued that “China remains the key growth driver” for worldwide oil demand. One of the key questions for the past decade for many in the oil-game has been where China, this vast emerging super-power, is getting access to its oil and will … Read More