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The Price of Oil

Exposing the true costs of fossil fuels

Oil Change International campaigns to expose the true costs of fossil fuels and facilitate the coming transition towards clean energy.

Posts in clean energy future

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  Bankers Warn Oil is “Unburnable Carbon”

  Andy Rowell, January 29, 2013
  A report from HSBC suggests BP, Shell and Norway’s Statoil could lose some 40 and 60 per cent of their market value if “unburnable carbon” scenarios are put in place.
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  Report – Low Hanging Fruit: Fossil Fuel Subsidies, Climate Finance, and Sustainable Development

  Lorne Stockman, June 14, 2012
  Our latest report finds that global fossil fuel production and consumption subsidies are at least $775 billion annually and could be $1 trillion or even more. There is an urgent need for transparency in subsidy reporting.
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  Call on Governments to End Fossil Fuel Subsidies

  Traci Romine, June 9, 2012
  Hundreds of governments and thousands of stakeholders will meet at the Rio+20 Conference in Brazil this month to chart a future for the health of the planet, our human family and economies worldwide. The question is whether that future will include continuing public fossil fuel subsidies, which could climb to a staggering US$775 billion to an estimated US$1 trillion...
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  IEA’s “golden rules for the golden age of gas”

  Andy Rowell, March 20, 2012
  The respected chief economist of the IEA, Fatih Birol, has warned that the world will become increasingly reliant on shale gas and oil from Iraq in the coming decades. In part to help stave off the growing public backlash against shale gas, the IEA is preparing, along with a number of governments, a set of “best...
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  US Oil Boom “Increases Energy Vulnerability”

  Andy Rowell, March 14, 2012
  As the International Energy Agency warns that world oil markets face a “bumpy ride” in the months ahead, Barack Obama has being trying to defend his energy policies. His defence comes at a time when rising gas and energy production prices look increasingly likely to be become a key election issue in November, with his...
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  “The door is closing”

  Andy Rowell, November 9, 2011
  We are used to dire warnings about climate change. But they do not often come from the IEA, the world’s energy watch-dog. And for such a conservative body, they do not often sound this dire. Such is our predicted catastrophic path of fossil fuel dependence, that over the next five years the last chance of...
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  Congress is “Most Anti-Green” in History

  Andy Rowell, August 2, 2011
  OK there is only one story in town this week in Washington. With just hours to go the House of Representatives has just passed a last minute bill to raise the US borrowing limit, preventing the markets free-falling. The Senate is now expected to follow suit. The immediate reaction from the Democrats is anger that...
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  World Bank Executives: Stop Defending Dirty Energy for the Poor

  Traci Romine, April 19, 2011
  The World Bank Group, perhaps the best-known publicly-funded international development institution, is pitched in an important battle over the future of its energy lending. Unfortunately, if some Bank executives have their way, the new Energy Strategy will become a blueprint for straddling the world’s poorest nations and people with dangerous and polluting energy. That’s because...
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• Join this Friday’s Rally at the World Bank: Support Clean Energy for the Poor

  Traci Romine, April 14, 2011
  We need your help this Friday to call on the World Bank Group to direct its energy lending to provide healthy, clean energy access to the world’s poor. Currently, 1.4 billion people mostly in rural Asia and Africa are without access to electricity. The World Bank says that alleviating this energy poverty is one of...
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  Obama and energy security: another missed opportunity

  Lorne Stockman, March 30, 2011
  The president presented some encouraging words at Georgetown University today when he spoke about the urgent need to address America’s energy security. As he so often does, he correctly identified the problem the nation faces in continuing to rely on dirty forms of energy that pollute and cause climate change and particularly on oil, the...
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