“Doubling down on new drilling is incompatible with climate leadership, and for the first time we’re seeing a California governor recognize and begin to act on this reality,” said Kelly Trout.
For IEA scenario reform, the devil is in the details. The IEA must develop a 1.5°C scenario that is aligned with the goals of the Paris climate agreement and address the concerns of key WEO users. Anything less would be easy to discount as greenwashing or another example of the pro-fossil fuel bias at the IEA.
Over the past decade, nearly 90% of the U.S. Export-Import Bank’s total finance for energy projects has flowed to projects in oil, gas, and coal. As momentum grows for climate solutions in the U.S. and abroad, there is an urgent need for a ban on fossil fuel financing at ExIm.
We know that people power can stop dangerous fossil fuel projects like the proposed Line 3 tar sands oil pipeline in Minnesota, because we’ve proved it over and over again – and recently we’ve had two more big wins.
Shell’s climate claims don’t add up – a closer look at the oil giant’s plans.
Our new report reveals, for the first time, the climate impact of North Sea oil and gas extraction, and shows the way to a job-creating energy transition. To deal with the climate emergency, the UK needs to immediately stop approving new oil and gas drilling and redirect support to clean jobs and renewable energy.
This new report reveals, for the first time, the climate impact of North Sea oil and gas extraction, and shows the way to a job-creating energy transition. To deal with the climate emergency, the UK needs to immediately stop approving new oil and gas drilling and redirect support to clean jobs and renewable energy.
Hidden in a detailed California budget document released last week was a critical sentence that, if pursued, could mark a major shift in California climate policy.
“California can lead the way by showing what a true managed decline can look like, and we applaud Governor Newsom for his recognition of that imperative.”
This 10th annual “Banking on Climate Change” fossil fuel finance report card reveals that overall bank financing continues to be aligned with climate disaster, and that financing for fossil fuels has increased every year since the Paris Agreement was signed.