As COVID-19 and other factors force an unmanaged decline of oil and gas, a new peer-reviewed study outlines how policymakers can plan for a better future, with an equitable phase-out of fossil fuels.
Author: Oil Change International
Report: G20 Governments Bankrolling the Fossil Fuel Industry with at least $77 Billion a Year
Since the implementation of the Paris Agreement, G20 countries have provided at least USD 77 billion a year in finance for oil, gas, and coal projects.
Still Digging: G20 Governments Continue to Finance the Climate Crisis
This report reveals G20 countries have provided at least $77 billion a year in public finance to oil, gas and coal projects since the Paris Agreement through their international public finance institutions. This government-backed support to fossil fuels from export credit agencies, development finance institutions, and multilateral development banks is more than three times what they are providing to clean energy
International Groups: Japan Must Not Support Vung Ang 2 Coal Power Plant in Vietnam
Today, Japanese environmental NGOs submitted a petition for the cancellation of the Vung Ang 2 Coal-fired Power Generation Project in Vietnam to the Japanese public and private sectors signed by 127 organizations from more than 40 countries and regions.
Oil and Gas News & Insights: Week of 18 May 2020
Oil Change is producing weekly news and resources updates on the fight against oil and gas as part of our responseĀ to the COVID-19 crisis, as a supplement to the monthly OilWire editions we produce with the Global Gas & Oil Network.
Oil and gas news & insights: Week of May 11
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
Oil and gas news & insights: Week of May 4
OCI is producing weekly news and resources updates for allies as part of our response to the COVID-19 crisis.
Oil Change Internationalās Response to Totalās Climate Announcement
Today, French oil major Total published a statement touting its ambition to āget to net zero by 2050ā. In response, Oil Change International released the following statement.
ReWIND Act Will Help Make Sure Money Gets to People, Not Polluters
Hundreds of environmental, social justice, labor, and progressive organizations applauded the release of the ReWIND Act, new legislation introduced today that would block a Big Oil Bailout and ensure relief money flows to people, not polluters.
Statement in Advance of Petersberg Climate Dialogue High-Level Segment
“A managed decline of oil and gas production that supports affected communities and workers must be central in a just and green recovery from the COVID-19 crisis,” said ver der Burg.