A new study released today by Oil Change International and 17 partner organizations makes it clear that managing a rapid and equitable decline of U.S. fossil fuel production must be a core component of any comprehensive climate policy.
The U.S. oil and gas industry has the potential to unleash the largest burst of new carbon emissions in the world through 2050, new research released today has found.
At precisely the time in which the world must begin rapidly decarbonizing to avoid runaway climate disaster, the United States is moving further and faster than any other country to expand oil and gas extraction.
What does it say about the prospects for multi-billion dollar tar sands oil pipelines, that a national government felt the need to buy a project outright in order to try to save it? When Canadian Prime Minister Justin Trudeau decided to buy-out a failing tar sands pipeline from texas-based Kinder Morgan last month, it exposed … Read More
Subsidies: Propping Up Oil Profits & Polluting the Climate Oil Change International & Sierra Club January 2017 DOWNLOAD INFOGRAPHIC Almost half of all oil production expected to come online in the United States is only economic if the public props up private investments with taxpayer handouts. The other half of oil production would happen even … Read More
Guess who’s responsible for about half of all the oil that will be produced in the United States? You!
That’s according to a new study, which shows that 45 percent of US oil production depends on government handouts to make it profitable. Yes, your money is sponsoring pollution and lining the pockets of oil companies.
A handful of wealthy countries are still funding fossil fuels instead of climate action, giving 3.6 times more public money to prop up fossil fuels than they’re giving to developing countries to address climate change.
New analysis released today at the COP21 climate negotiations reveals that G7 countries along with Australia spend 40 times more on support for fossil fuel production than they do in contributions to the Green Climate Fund.
A new analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
Today, over 30 groups from around the world, including Oil Change International, sent an open letter to Japanese Prime Minister Shinzo Abe ahead of his meeting with U.S. President Barack Obama on April 24th urging Japan to follow the United States and other countries’ pledges to stop financing coal overseas.