New Data Reveals Canada is Second Largest Public Funder of CCS to Date – A Lifeline for Fossil Fuels, Not Climate Action

November 30, 2023By Al Johnson-KurtsPress Releases

As the United Nations Climate Change Conference begins today, Oil Change International revealed the failure of Carbon Capture and Storage (CCS) in Carbon Capture’s Publicly Funded Failure. CCS has a 50 year track record of over-promising and under-delivering, and every investment in CCS provides a lifeline to the fossil fuel industry.

Report: Countries could shift almost USD 28 billion/year from fossil fuels to jump-start the energy transition—if they follow through on their pledges

June 30, 2022By nicolePress Releases, Reports, Stop Funding Fossils

The Glasgow Statement on public finance requires signatories to end new direct overseas support for fossil fuels by the end of 2022 and fully prioritize finance for a clean and just energy transition. But only a handful of signatories have begun to turn these pledges into action.