Oil Change International

Posts in Oil

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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.
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  Burning the Gas ‘Bridge Fuel’ Myth

  Lorne Stockman, November 9, 2017
  This analysis provides five clear reasons why fossil gas is not a "bridge fuel.” It shows that even with zero methane leakage, gas is not a climate change solution.
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  Time to Stop Digging: Why Germany’s Climate Leadership Requires a Rapid Phaseout of Fossil Fuel Production and Finance

  Hannah McKinnon, November 7, 2017
  Germany is falling far short of true climate leadership – our new report details why it must end coal production swiftly with a just transition and stop funding fossil fuels aboard.
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  RELEASE: Groups Push Back on Billion-Dollar Giveaways to Dirty Energy in GOP Tax Bill

  David Turnbull, November 7, 2017
  A coalition of environmental and climate justice, Indigenous rights, public health, consumer, and environmental groups delivered two letters urging lawmakers to oppose including the giveaway of billions of taxpayer dollars to the fossil fuel industry in any tax bill.
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  GOP Tax Bill: Payday for Fossil Fuels, Devastating for American Families

  David Turnbull, November 2, 2017
  Republicans want to open up sacred land in the Arctic Refuge for oil drilling allegedly to raise money to cover their cuts, but they leave in place tens of billions in tax giveaways to oil, gas, and coal companies.