Oil Change International

Posts in Oil

• Major Investors Call for Paris-Aligned Energy Scenarios

  Adam Scott, June 6, 2018
  288 major investors worth more than $26 trillion USD in assets are warning that we aren’t on track to meet the goals of the Paris Agreement and lack the tools needed to get there.    In a public statement and policy brief released yesterday, the group which includes major pension funds, banks, asset managers, churches,...
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  Letter: 230+ Groups to Justin Trudeau – Climate Leadership Means Saying No to Pipelines

  Collin Rees, May 24, 2018
  Over 230 civil society groups from 44 countries released an open letter being sent to Canadian Prime Minister Justin Trudeau, urging him to reject the pipeline and instead begin planning for a managed decline of fossil fuel production and a just transition for workers and impacted communities.
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  Report: California’s climate leadership requires a managed ramp-down of oil production

  David Turnbull, May 22, 2018
  As California Governor Jerry Brown prepares to host a global summit aimed at rallying bolder climate action, a new report out today details how the state can and must initiate a managed phase-out of its own oil production to fulfill its commitment to the Paris climate goals.
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  US Commercial Banks In For a Spring of Fossil Fuel Resistance

  David Turnbull, April 16, 2018
  FOR IMMEDIATE RELEASE April 16, 2018 US Commercial Banks In For a Spring of Fossil Fuel Resistance US commercial banks are gearing up for their annual general meetings, starting as early as this week, but they’re not alone in making plans for AGM season. A growing number of concerned communities and organizations are planning a...
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  Ready, set, go!

  Hannah McKinnon, April 12, 2018
  New Zealand joins the growing club of first movers tackling fossil fuel production! Who will be next? New Zealand joined a growing list of countries yesterday in announcing an end to fossil fuel exploration for the sake of the climate: Costa Rica, Ireland, France, and Belize are all working on plans to manage the decline of...
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  RELEASE: International Energy Agency is holding governments back on climate policy

  David Turnbull, April 4, 2018
  Through its energy forecasts, the International Energy Agency (IEA) has been guiding governments towards energy decisions that are inconsistent with the goals of the Paris Climate Agreement, new research has found.
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  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.
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  Banking on Climate Change: Fossil Fuel Finance Report Card 2018

  Lorne Stockman, March 28, 2018
  Rainforest Action Network, Oil Change International, Indigenous Environmental Network, Honor the Earth, BankTrack, and Sierra Club with 350.org, 350 Eugene, 350 Seattle, Amazon Watch, Asia Pacific Forum on Women, Law and Development, Bank Information Center, Bold Alliance, Carrizo/Comecrudo Tribe of Texas, Catskill Mountainkeeper, CEE Bankwatch, Center for Sustainable Economy, CHANGE, Christian Aid, Citizens Against LNG,...
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  Shell Game: What Shell Gets Wrong in Its New Climate Report

  Greg Muttitt, March 28, 2018
  On Monday, Shell released a new report describing how the world might achieve the Paris goals. The report described a scenario called “Sky,” painting a picture of a possible future. It’s a future full of fossil fuels: in 2050, it has oil, gas and coal use at respectively 88%, 93%, and 62% of their current...
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  Statement: Shell’s New “Climate” Scenario Is Good for Shell, Bad for Humanity

  Greg Muttitt, March 26, 2018
  Today, Shell released a new scenario which outlines a possible energy future for the world involving massive negative emissions. In response, Greg Muttitt commented, "The lesson is simple: If you want to know how to fix climate change, don't ask a company that wants to sell you more oil and gas."