Sky’s Limit Data Update: Shut Down 60% of Existing Fossil Fuel Extraction to Keep 1.5°C in Reach

August 16, 2023By Oil Change InternationalBriefings, Resources 2 Comments

This new analysis, an update to the data in our landmark Sky’s Limit series, finds that the majority of the fossil fuel reserves within active fields and mines must now stay in the ground. Using updated 2023 data, the proportion of coal, oil, and gas reserves that must remain unextracted to meet the 1.5°C limit has increased from nearly 40% in 2018 to almost 60% in 2023.

New report reveals Norwegian Oil Fund as Europe’s largest institutional investor in coal despite claiming to be a global climate leader

April 26, 2023By Oil Change InternationalGlobal Policy, Press Releases

A new report by ActionAid Denmark, Urgewald, Oil Change International, Greenpeace Norway, the Norwegian Forum for Development and Environment and Future in our hands, has exposed the truth behind the Norwegian Oil Fund’s commitment to exit coal, revealing the fund still has billions of US dollars invested in the polluting industry, making it Europe’s largest institutional investor in coal.