FOR IMMEDIATE RELEASE April 16, 2018 US Commercial Banks In For a Spring of Fossil Fuel Resistance US commercial banks are gearing up for their annual general meetings, starting as early as this week, but they’re not alone in making plans for AGM season. A growing number of concerned communities and organizations are planning a … Read More
Author: David Turnbull
Empty Promise: US Bank Continues Pipeline Finance
Empty Promise: US Bank Continues Pipeline Finance Published by Oil Change International in partnership with Indigenous Environmental Network, Earthworks, Greenpeace, MN 350, and Rainforest Action Network, April 12, 2018 Download the briefing Following waves of pressure over the controversial Dakota Access Pipeline (DAPL), US Bancorp (US Bank) CEO Andrew Cecere won praise from Indigenous rights and … Read More
RELEASE: US Bank Raises $2 Billion in Oil and Gas Pipeline Finance Since Pledge to Stop Pipeline Financing
FOR IMMEDIATE RELEASE April 12, 2018 US Bank Raises $2 Billion in Oil and Gas Pipeline Finance Since Pledge to Stop Pipeline Financing Since revising its environmental policy last year, US Bank financed more than $2 billion to companies building oil and gas pipelines, including an estimated $480 million to Energy Transfer Partners, new analysis … Read More
RELEASE: International Energy Agency is holding governments back on climate policy
Through its energy forecasts, the International Energy Agency (IEA) has been guiding governments towards energy decisions that are inconsistent with the goals of the Paris Climate Agreement, new research has found.
Report Finds Major Banks Ramped Up Fossil Fuel Financing to $115 Billion in 2017
The report finds that major private banks funneled $115 billion into extreme fossil fuels in 2017, an increase of 11% from 2016. The single biggest driver of the increase in financing came from the tar sands sector, where financing grew by 111% from 2016 to 2017.
Statement: Trump Administration Budget and Infrastructure Proposals Signal All-out Assault on Public Health, Environment
Trump’s infrastructure scam is all about greasing the wheels for oil, gas and coal development and his budget funds this massive giveaway. ‘Streamlining’ critical environmental review really means steamrolling landowners and putting a muzzle on communities when they resist oil and gas pipelines being built through their backyards for private profit.
California administration’s opposition to drilling offshore should extend onshore too
As we approach the Global Climate Action Summit, hosted by Governor Brown later this year, the governor himself has an opportunity to show true leadership and announce new steps to limit fossil fuel extraction across the state. After all, the case for a managed phase out of fossil fuel production in California has now been clearly laid out by his own team.
Statement: California leadership makes the case for no new fossil fuel development in the state
As we approach the Global Climate Action Summit, hosted by Governor Brown later this year, now would be a fantastic moment for the Brown-Newsom administration to announce new steps to limit fossil fuel extraction in the state writ large. The case for a managed phase out of fossil fuel production in California is clear, they simply need to read their own letter released today.
EIA: Once again projecting a future that will not come
Given EIA’s shoddy track record, today’s Annual Energy Outlook projecting climate doom leaves us feeling quite confident that we’ll continue to kick our fossil fuel addiction and tackle our climate crisis.
Statement: In State of the Union, Trump reaffirms commitment to Big Oil at expense of Americans
Calling this disaster of a plan simply an infrastructure plan doesn’t do the nightmare justice. It’s a Make Big Oil Happy plan. It’s a More Climate Disasters plan. It’s a Taxpayer Dollars in Oil Executives’ Wallets plan. It’s a Bankrupt Our Communities plan.