Today, Pacific Island leaders at the UN climate negotiations delivered a clear, powerful message: ending the expansion of the fossil fuel industry must be on the agenda. One of the key themes on the sidelines of this year’s COP-23 climate conference in Bonn, Germany, has been the need to rein in fossil fuel production to … Read More
Author: Greg Muttitt
International Energy Agency Undermining Governments’ Climate Goals
The IEA is steering the energy system towards catastrophic levels of warming. It continues to promote an energy future headed for around 3 degrees of warming, and acts as if the Paris Agreement never happened
A budge in carbon budgets?
What does the new carbon budgets study mean for the need to wind down fossil fuel production?
Saudi Aramco’s IPO: A Test of whether Investors Are Serious about Climate
Download the briefing – Overheated Expectations: Valuing Saudi Aramco’s IPO in light of climate change Written and researched by Greg Muttitt and Hannah McKinnon. See Financial Times article on our report. Coming two years after the Paris Agreement, the initial public offering (IPO) of Saudi Aramco will be strongly shaped by climate change. Most analysts believe … Read More
CAPP’s Fictional Forecast – What Pipe are They Puffing?
The Canadian Association of Petroleum Producers’ “data” claiming a need for pipelines looks increasingly far-fetched the more one looks into it.
Oil Change International responds to CAPP annual forecast
CAPP’s report is a work of fiction: Its numbers are demonstrably wrong, and have apparently been made up to prop-up a struggling political argument for more pipelines.
Infographic: Who really pays for BP’s arts sponsorship?
Government handouts to boost BP’s private profits massively exceed the firm’s sponsorship of the arts – it’s time to cut these dirty ties once and for all.
Why the International Energy Agency Still Gets It Wrong on Fossil Fuels
On Monday, we welcomed the first step by the International Energy Agency towards describing how energy would look for the world to meet one of the Paris Agreement goals, to keep warming well below 2°C. Specifically, it looked at emissions being limited enough to give a 2-in-3 chance of staying below 2°C. The report was co-published … Read More
The International Energy Agency’s New Climate Scenario: At Last, a Step Towards Paris
Today the IEA finally released an energy forecast that aims for a greater chance of avoiding climate catastrophe. It is crucial that the IEA now retire its outdated 450 Scenario, and instead focus on how to keep warming well below 2ºC and aim for 1.5ºC.
Forecasting Failure: Why Investors Should Treat Oil Company Energy Forecasts With Caution
Forecasting Failure: Why Investors Should Treat Oil Company Energy Forecasts With Caution Oil Change International, Greenpeace March 2017 Download Report Companies like ExxonMobil, Shell and BP routinely use their in-house energy forecasts to justify investments in multi-decade, high-cost projects, from the Arctic to the tar sands. While the companies present their published forecasts as objective analyses, … Read More