Oil Change International

Posts in Oil

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  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.
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  The French Revolution: France bans new oil and gas licenses

  Greg Muttitt, December 20, 2017
  The managed decline of oil and gas production has begun. On Tuesday, France set passed a law to end the exploration for and extraction of oil and gas. In our 2016 report, The Sky’s Limit: Why the Paris Climate Goals Require a Managed Decline of Fossil Fuel Production, we showed that emissions from the oil, gas and...
  Continue reading 'The French Revolution: France bans new oil and gas licenses'.
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  Statement: The Managed Decline of Fossil Fuels Begins

  David Turnbull, December 19, 2017
  The managed decline of fossil fuels has begun. Leaders around the world have a choice: Will they join France in moving forward in ending fossil fuel extraction and managing the decline of the fossil fuel industry? Or will they continue to deny full steam ahead off the cliff to climate disaster and economic disarray?
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  Big Shift campaign reacts to World Bank commitment to end upstream oil and gas finance

  Collin Rees, December 12, 2017
  All financial institutions, public and private, including the World Bank, must still work toward aligning their finance with the aim of keeping global temperature increase below 1.5 degrees Celsius, but today, the World Bank set a high new bar in climate leadership.
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  Reaction: World Bank Steals Show at One Planet Summit by Phasing Out Upstream Oil and Gas Finance

  Alex Doukas, December 12, 2017
  Today at the One Planet Summit the World Bank set a new bar for financial climate leadership by committing to end finance for oil and gas extraction and exploration projects.
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  Dirty Dozen Released: 12 Projects that Undermine the One Planet Summit and Put the Climate at Risk

  Alex Doukas, December 11, 2017
  The 12 projects contained in today's new briefing are examples that demonstrate how public finance is still acting as a critical lifeline for destructive fossil fuel projects, many of which could not otherwise be built, and how this support continues to this day, a full year after the Paris Agreement entered into force.
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  Letter: 200+ Groups to G20 & Multilateral Development Banks – Stop Funding Fossils

  Collin Rees, December 11, 2017
  Over 200 civil society groups released a letter calling on multilateral development banks, including the World Bank, and leaders of G20 governments to commit to phase out subsidies and public finance for fossil fuels as soon as possible.
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  Briefing: Dirty Dozen – How Public Finance Drives the Climate Crisis through Oil, Gas, and Coal Expansion

  Alex Doukas, December 11, 2017
  To have any hope of meeting globally-agreed climate goals, global financial flows must rapidly align with low-emission, climate-resilient development, and government-backed public finance institutions like the World Bank must signal this transition.
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  Why Does the IEA Keep Forecasting Climate Failure?

  Adam Scott, November 13, 2017
  There’s a battle taking place over how we think our energy future will unfold. And tomorrow, the organization that arguably holds a near monopoly over how most decision-makers perceive this future – the International Energy Agency (IEA) – will release its latest volley.
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  Senate Tax Bill Protects Handouts to Fossil Fuels at the Expense of Working Families

  David Turnbull, November 9, 2017
  This tax bill will be no surprise, but it would be a disaster. It is the latest example of GOP efforts to prop up the dirty fossil fuel industry and their corporate cronies while giving short shrift to American families.