Oil Change International

Posts in offshore drilling

• 

  Report Finds Major Banks Ramped Up Fossil Fuel Financing to $115 Billion in 2017

  David Turnbull, March 28, 2018
  The report finds that major private banks funneled $115 billion into extreme fossil fuels in 2017, an increase of 11% from 2016. The single biggest driver of the increase in financing came from the tar sands sector, where financing grew by 111% from 2016 to 2017.
• 

  California administration’s opposition to drilling offshore should extend onshore too

  David Turnbull, February 9, 2018
  As we approach the Global Climate Action Summit, hosted by Governor Brown later this year, the governor himself has an opportunity to show true leadership and announce new steps to limit fossil fuel extraction across the state. After all, the case for a managed phase out of fossil fuel production in California has now been clearly laid out by his own team.
• 

  Statement: California leadership makes the case for no new fossil fuel development in the state

  David Turnbull, February 7, 2018
  As we approach the Global Climate Action Summit, hosted by Governor Brown later this year, now would be a fantastic moment for the Brown-Newsom administration to announce new steps to limit fossil fuel extraction in the state writ large. The case for a managed phase out of fossil fuel production in California is clear, they simply need to read their own letter released today.
• 

  One Year of Trump

  Andy Rowell, January 22, 2018
  One year into Donald Trump’s presidency and the chaotic vortex is as dysfunctional as ever.
• 

  States Vow to Fight Trump’s “Disastrous” Offshore Drilling Plans

  Andy Rowell, January 7, 2018
  As Washington continues to digest the explosive revelations in the book Fire and Fury about the chaotic and dysfunctional White House and whether the President is mentally fit for office, the Trump Administration continues its full-frontal assault on the environment.
• 

  Release: New offshore drilling plan a slap in the face to Americans, but a gift to Big Oil

  David Turnbull, January 4, 2018
  Today’s new offshore drilling plan reveals, once again, that Trump’s energy strategy entails little more than smoothing the road for Big Oil to to get whatever they want. This plan is a gift to companies that want open access to our protected ocean waters and has literally no rational basis other than to curry favor with the oil industry. This is a purely political move devoid of any economic or demand driver.
• 

  Banking on Climate Change: Fossil Fuel Finance Report Card 2017

  Kelly Trout, June 21, 2017
  Big banks’ business as usual is killing the climate. From 2014 to 2016, big banks around the world poured $290 billion into extreme fossil fuel companies and failed to respect human rights.
• 

  Trump’s Interior budget: More drilling, more mining, more handouts

  Janet Redman, June 20, 2017
  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.
• 

  Interior budget boosts fossil fuels, cuts renewables funding

  Janet Redman, June 20, 2017
  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: Taxpayers on the hook for billions in subsidies for fossil fuels on public lands

  David Turnbull, May 24, 2017
  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.