Earlier today, John Kerry, who is Joe Biden’s special envoy on climate change, warned the industry that they “don’t want to be sitting there with stranded assets. That fight is useless. You’re going to end up on the wrong side of this battle.”
just transition
Secretive Treaty allows Big Oil to sue for hundreds of billions to stop fossil fuel phase out
It’s the Treaty you have never heard of. But it’s the one that could affect your future and your children’s future.
Denmark announces an end to offshore drilling — but will the UK follow?
Before Saturday, it is simple. Boris should be brave. He should cancel overseas fossil fuel finance. But he should do more. To encourage others to do the above, he should also follow Denmark’s lead and cancel the next round of oil and gas licensing, and end all future exploration in the UK North Sea.
Production Gap Report: Governments must act now to wind down fossil fuels
A new report, published today by UNEP and other environmental groups, outlines the “Production Gap”, the discrepancy between countries’ planned fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C.
Doubling Back and Doubling Down: G20 Scorecard on Fossil Fuel Funding
In this new report we consider recovery commitments and pre-pandemic policies to rank G20 countries’ progress in phasing out support to fossil fuels. We find at least USD 584 billion per year between 2017 and 2019 in public support for fossil fuels from G20 governments.
After huge election victory, Jacinda Ardern needs to show practical climate leadership
Jacinda Ardern has drawn global praise for her response to COVID-19. Now it’s time for her Government to show radical far-reaching action on climate change. Show the world what a true Just Transition looks like.
Non-Aligned: As Big Oil spews climate denial, oil workers want to “switch to renewables”
Whereas Big Oil bosses still continue a strategy of climate denial, the majority of oil workers would switch to jobs in the renewable industry.
Discussion Paper: Big Oil Reality Check — Assessing Oil And Gas Climate Plans
Our new discussion paper analyzes the current climate commitments of eight of the largest integrated oil and fossil gas companies, and reveals that none come close to aligning their actions with the urgent 1.5°C global warming limit as outlined by the Paris Agreement.
Reps. Schakowsky, Barragán Introduce Legislation to End Fossil Fuel Expansion and Protect Communities
Reps. Jan Schakowsky (D-IL) and Nanette Diaz Barragán (D-CA) introduced the Future Generations Protection Act to help ensure a rapid shift to clean renewable energy by stopping further expansion of fracking and new fossil fuel infrastructure.
“Historic moment” as BP writes-off billions of reserves as stranded assets
This is a big moment for Big Oil. Climate reality has finally caught up with BP’s corporate dreamland that it could carry on drilling forever.