A new report finds that the EU’s demand for gas is set to decline significantly in line with climate targets, eliminating the need to expand supply from new fields or infrastructure. In the report, On Thin Ice, the authors model how EU’s gas demand matches future supply in various forecasted scenarios.
emissions
Release: Shell snubs climate case verdict and continues drilling for more
Despite the ongoing climate crisis, Shell continues to develop new oil and gas assets. Since the Dutch court ruling in May 2021, Shell has made definitive investments in 10 assets, which once burned will result in 325 million metric tonnes of CO2 emissions. Shell also co-owns more than 750 untapped oil and gas assets, which would amount to 4.3 billion metric tonnes of extra CO2 emissions, 30 times more than the total emissions from the Netherlands in 2021.
ExxonMobil’s climate plans are still “grossly insufficient”
Last year, we rated ExxonMobil as “grossly insufficient” on all ten of the criteria. There are tiny steps forward in the new announcement, but nothing that changes any of our ten metrics from “grossly insufficient” to “insufficient,” let alone to even “partial alignment.”
Oil Change International response to FERC approval of Jordan Cove LNG
The Jordan Cove LNG project would be a climate disaster, responsible for at least 36 million tons of greenhouse gas emissions – more emissions than any other source in the state of Oregon if it were to be built. For over fifteen years, this project has been delayed, denied, and protested at every step of the way. Three key state permits have already been denied, rendering FERC’s approval likely impotent, and highlighting the fact that FERC acts as an industry rubber stamp, ignoring local opposition and state permitting decisions.
Shell Emissions Still Going Up, Despite Accounting Device
Shell’s climate claims don’t add up – a closer look at the oil giant’s plans.
Permitting New Crude-by-Rail Terminals Would be Permitting Climate Disaster
The proposed crude-by-rail terminals in the Pacific Northwest would cause climate disaster
New Report Outlines Climate Costs of Relaxing Crude Oil Export Regulations
A new analysis published today by Oil Change International shows that eliminating existing regulations on crude oil exports could result in additional greenhouse gas emissions equivalent to 42 coal fired power plants.