A new analysis finds that six major multilateral development banks provided over $7 billion in public financing for fossil fuels in 2015, and over $83 billion in financing for fossil fuels from 2008 to 2015, despite public claims of the urgent need for action on climate.
Two studies released today find that if built, the controversial Mountain Valley and Atlantic Coast pipelines would together contribute as much greenhouse gas pollution as 45 coal-fired power plants — some 158 million metric tons a year.
An update to our previous reports on international coal finance, this report confirms that financing for coal threatens to undermine the Paris Agreement’s aims.
Our research has found that the carbon budget will be exhausted with current development and some currently-operating fossil fuel projects will need to be retired early in order to have a good chance of staying below the 2C limit.
A new study released by Oil Change International, in partnership with 14 organizations from around the world, scientifically grounds the growing movement to keep carbon in the ground by revealing the need to stop all new fossil fuel infrastructure and industry expansion.
A new report out from Oil Change International, in partnership with 11 other local, regional, and national organizations, shows that current projections for U.S. natural gas production – fueled by a boom in the Appalachian Basin – will lock in enough carbon to bust through agreed climate goals.
Public support for fossil fuel exploration in rich countries is nearly triple the amount pledged to the Green Climate Fund.
G20 countries are estimated to be spending $88 billion every year subsidising exploration for fossil fuels. This new report documents, for the first time, the scale and structure of fossil fuel exploration subsidies in the G20 countries.
A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Oil Change International quantifies for the first time the financial and carbon impact of public opposition to pipelines and other expanded investment in tar sands production.
The tar sands campaign is also poised to have a very real and measurable impact on carbon pollution as well as the tar sands industry’s bottom line.