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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 Coal

• 59 Groups Pressure World Bank to Clean Up Energy Lending

  Elizabeth Bast, April 3, 2013
  Development, faith, human rights, community, and environmental groups from more than 20 countries teamed up today to ask World Bank President Jim Kim to end Bank support for all fossil fuel projects unless the projects are solely focused on directly increasing energy access for the poor.
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  Petroleum Coke: The Coal Hiding in the Tar Sands

  Lorne Stockman, January 17, 2013
  Existing analyses of the impacts of tar sands fail to account for a byproduct of the process that is a major source of climate change causing carbon emissions: petroleum coke - known as petcoke. Petcoke is the coal hiding in North America's tar sands oil boom.
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  There’s coal hiding in the tar sands, and the emissions are not being counted

  Lorne Stockman, January 17, 2013
  Increasing petcoke use is a clear result of the increasing production of tar sands bitumen. Petcoke is a seldom discussed yet highly important aspect of the full impacts of tar sands production. Factored into the equation, petcoke puts another strong nail in the coffin of any rational argument for the further exploitation of the tar sands.
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  World Bank starts swimmin’, but still might sink

  Steve Kretzmann, November 19, 2012
  Then you better start swimmin’ Or you’ll sink like a stone For the times they are a-changin’. – Bob Dylan After decades of campaign efforts to get the World Bank to stop investing in fossil fuels, it appears that the institution that was for many years the largest source of multilateral public support for the...
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  Backed By $20 Million From Coal, House Members Approve Polluter Giveaway

  Steve Kretzmann, September 22, 2012
  In the House of Representatives’ final act before its two-month vacation, House Republicans approved 233-175 a pro-coal package on Friday that dismantles or delays an array of public health protections.
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  Big Coal Plays Dirty

  Andy Rowell, September 3, 2012
  One of America’s top reporters who exposes the antics of the coal industry is being sued for libel by one of the largest independent coal barons. Ken Ward JR, who has been labelled as “one of the nation’s top coal reporters” by Columbia Journalism Review, is being sued by Murray Energy and its owner Bob...
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  Senators Supporting Inhofe’s Toxic Air Resolution Mired in Dirty Energy Money

  Karen Showalter, June 20, 2012
  Senators voted down a resolution aimed at gutting the EPA’s Mercury and Toxics Standards (MATS) for power plants this morning, 46-53. The 46 senators voting for this anti-science and anti-health resolution are awash in campaign contributions from the very companies that would have profited from its success. The average senator voting in favor of S.J....
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• Shift the Subsidies Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years

  Elizabeth Bast, November 30, 2011
  Development Banks Still Financing Dirty Energy New Database Reveals $40 Billion in Fossil Fuel Funding Over Last Four Years Nov. 30, 2011, Durban, South Africa – Major multilateral development banks have provided financing of over $40 billion to fossil-fuel energy development since 2008, according to the new Shift the Subsidies database (http://shiftthesubsidies.org), launched today by...
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  Civil Society to World Bank: Clean Up Dirty Energy Financing

  Elizabeth Bast, November 29, 2011
  New report shows institution lacking clean energy lending strategy and instead considering a new loan for coal power in Kosovo BASIC South Initiative – Campagna per la riforma della Banca Mondiale (Italy) – Friends of the Earth U.S. – groundWork (South Africa) – International Rivers – Oil Change International – Sierra Club (U.S.) – Urgewald...
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  Hayward and “Nat King Coal” Launch Oil Venture

  Andy Rowell, June 20, 2011
  This could be a toxic mix: take Deepwater-disaster man, Tony Hayward; the new coal baron, Nat Rothschild, and bankers Julian Mertherell and Tom Daniel, the former from discredited Goldman Sachs. Together you have someone who was ultimately responsible for America’s worst ever environmental disaster; someone who obviously does not care about climate change having invested...
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