Release: Shell snubs climate case verdict and continues drilling for more

September 30, 2022By Oil Change InternationalFeatured, News, Press Releases

Despite the ongoing climate crisis, Shell continues to develop new oil and gas assets. Since the Dutch court ruling in May 2021, Shell has made definitive investments in 10 assets, which once burned will result in 325 million metric tonnes of CO2 emissions. Shell also co-owns more than 750 untapped oil and gas assets, which would amount to 4.3 billion metric tonnes of extra CO2 emissions, 30 times more than the total emissions from the Netherlands in 2021.

The clock is ticking: Ambitious export credit climate policies needed to implement the Glasgow Statement

August 29, 2022By Oil Change InternationalBlog Post, Stop Funding Fossils 1 Comment

By Nina Pusic   Often hidden from public view, export credit agencies (ECAs) hold a make-or-break role when it comes to achieving the 1.5°C warming goals of the Paris Agreement and averting climate catastrophe. Their export support, in the form of loans, loan guarantees and insurance, helps domestic companies limit the risk of selling goods … Read More