Posts in fossil fuel subsidies
- FOR IMMEDIATE RELEASE July 8, 2017 CONTACT: Alex Doukas, alex [at] priceofoil [dot] org Stephen Kretzmann, steve [at] priceofoil [dot] org In response to the language in the G20 Leaders’ Communique from the 2017 summit in Hamburg, which fails to establish a deadline for the phase out of fossil fuel subsidies, Oil Change International...
Continue reading 'Statement: G20 leaders shame Trump, but fail to end fossil fuel subsidies'.
- A Trump vs. the world showdown is brewing at this year’s G20 leaders’ summit, July 7 and 8 in Hamburg, Germany. After pulling the United States out of the Paris Agreement, Trump’s climate denial will likely take a beating from other G20 governments, who nearly all say they support strong climate action. An ugly diplomatic...
Continue reading 'To really hit Trump on climate change, other G20 leaders must end fossil fuel handouts'.
- The myth that opening up more public lands and waters for fossil fuel production will result in a windfall for America is dead wrong. The only windfall from this production is enjoyed by oil, gas, and coal executives.
- In a huge industry giveaway, Trump’s Department of Interior budget increases funding for oil, gas, and coal expansion by more than $34 million – and slashes renewable energy by at least $15 million.
RELEASE: Oil Change International responds to G7 failure on fossil fuel subsidies, G6 recommitment to Paris AgreementFOR IMMEDIATE RELEASE May 27, 2017 CONTACT: Alex Doukas, alex [AT] priceofoil.org Reaction: G7 leaders cave in the face of fossil fuel cronyism, fail to recommit to ending fossil fuel subsidies by 2025 In response to the G7 Leaders’ Communiqué released today, where world leaders failed to reaffirm their commitment to phase out fossil fuel subsidies...
Continue reading 'RELEASE: Oil Change International responds to G7 failure on fossil fuel subsidies, G6 recommitment to Paris Agreement'.
- The U.S. government is providing extensive support for fossil fuel production on public lands and waters offshore, through a combination of direct subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the industry, a new report released today finds.
- A new report examines the extensive support for fossil fuel production on public lands and waters, provided by the U.S. government to the fossil fuel industry through a combination of direct subsidies, enforcement loopholes, lax royalty collection, and stagnant lease rates.
- Risk guarantees and credit enhancement programs that subsidize coal-fired power plants could cost the Government of Indonesia and Indonesian ratepayers as much as tens of trillions of rupiah – many billions of U.S. dollars – over the coming decade.
- "Canada’s Auditor General revealed today that 8 years after the government promised to phase out fossil subsidies, there is still no game plan to do so," said Oil Change International's Alex Doukas in a statement released today.
- Government handouts to boost BP's private profits massively exceed the firm's sponsorship of the arts – it's time to cut these dirty ties once and for all.
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