A new infographic reveals how fossil-fueled development bypasses African communities, but also illustrates the continent’s potential for a just transition. As Africa holds 39 percent of global renewable energy potential, governments and banks must shift their climate finance commitments towards a renewable just transition in Africa.
Author: OCI Team
Norway’s electrification of Melkøya gas plant: The perfect storm of climate injustice
This briefing, titled, Norway’s Electrification of Melkøya Gas Plant: The Perfect Storm of Climate Injustice, reveals not only the project’s disastrous climate implications for the Norway and the Arctic, but also the human rights violations in the decades-long governmental oppression of the Indigenous Sámi people and their ancestral lands.
Sky’s Limit Data Update: Shut Down 60% of Existing Fossil Fuel Extraction to Keep 1.5°C in Reach
This new analysis, an update to the data in our landmark Sky’s Limit series, finds that the majority of the fossil fuel reserves within active fields and mines must now stay in the ground. Using updated 2023 data, the proportion of coal, oil, and gas reserves that must remain unextracted to meet the 1.5°C limit has increased from nearly 40% in 2018 to almost 60% in 2023.
Civil Society groups call on Toronto Stock Exchange to block share listing for Reconnaissance Energy Africa Ltd’s controversial activities in Namibia and Botswana
A coalition of civil society groups from Canada, the USA, and Namibia, has today called on the Toronto Stock Exchange Venture Exchange TSXV to deny regulatory approval to a new share listing by ReconAfrica.
Paris Summit at risk of letting fossil fuel companies & Global North leaders off the hook for climate and inequality
Earlier this week a coalition of 150+ economists and policy experts including Yanis Varoufakis, Jason Hickel, Olúfémi O. Táíwò, Nader Habibi, and Isabelle Ferreras sent a letter to Global North leaders, calling on them to pay their fair share for a just energy transition with trillions in public reparations, and to allow democratic and people-centred reforms to the global financial system they have a disproportionate control over.
Big Oil Reality Check 2023 — An Assessment of TotalEnergies, Eni, and Equinor’s Climate Plans
These briefings reveal that Total, Eni, and Equinor are on the cusp of approving a surge of new oil and gas development. If they proceed with all the projects in their anticipated pipeline for 2023, Eni could rank as the world’s third worst oil and gas expander this year and Equinor as the world’s eighth worst by the total volume of new reserves approved for extraction.
Italian Major Eni Uses Record Profits to Double Down on Fossil Fuel Investments
This new briefing warns that Eni is on the cusp of greenlighting a new surge of oil and gas extraction. Eni could rank third among companies globally in 2023 in the volume of new oil and gas reserves approved for development.
Kicking off AGM Season, Eni and Equinor Are Fueling Oil and Gas Expansion, Not Clean Energy Transition
Eni and Equinor are on track to rank as the world’s third and eighth worst upstream oil and gas expanders, respectively, in 2023.
Analysis: Equinor’s Record Profits Fuel Oil and Gas Expansion, Not Clean Energy Transition
This new briefing exposes the Norwegian company’s fossil-fueled energy strategy as grossly misaligned with global efforts to stem the climate crisis. The analysis details how the company lacks credible climate pledges and continues to prioritize oil and gas investments and fossil fuel extraction expansion.
New Briefing: Over 800 protected areas worldwide under threat from fossil fuel extraction
The Leave it in the Ground Initiative (LINGO), in collaboration with Oil Change International, today launched the findings of a global analysis which maps fossil fuels underneath the world’s protected areas. For the first time, it quantifies the threat from fossil fuel extraction to legally protected areas worldwide.