The COP Presidency, the UK, is set to approve dozens of new oil and gas fields. Today is a day of action to stop one new field, called Jackdaw. As I write, Stop Jackdaw is trending on Twitter. So if you want to help push for real climate action, please get on the social media platform and start tweeting.
Blog Post
Climate Groups Praise Democrats’ Action on Price Gouging, Urge Leaders to Back a Windfall Profits Tax
“Big Oil is gouging working families, and it’s critical to hold these companies accountable for their exploitative profiteering,” said Collin Rees.
Consumer Fuel Price Gouging Prevention Act is a key step; Windfall Profits Tax must come next
“Voters will reward politicians who stand up for people, not polluters, and taxing windfall profits is wildly popular in every part of the country,” said Collin Rees.
Climate Advocates: The EU’s International Energy Strategy Is a Reckless Response to a Global Crisis
“The EU’s new international energy strategy is woefully inadequate and would lock in decades’ more extraction of deadly gas and oil,” said Collin Rees.
Big Oil investors exploit energy crisis to make “obscene profits” whilst stalling climate action
In light of the war in Ukraine, shareholder actions on climate against Big Oil are faltering. One activist investors says: “The oil industry is really using the energy crisis as an excuse now to stall climate action.”
Study: Existing oil, gas, and coal extraction sites need to be closed down to stay within 1.5C, findings show
A new peer-reviewed study published in Environmental Research Letters finds that existing oil, gas, and coal extraction sites need to be closed down to stay within 1.5C. The study, led by researchers at Oil Change International and the International Institute for Sustainable Development, finds that nearly 40% of developed fossil fuel reserves need to stay in the ground to keep the 1.5°C limit in reach.
As killer heat spreads, scientists warn the window for securing 1.5 degrees is narrowing
Leading climate scientists have revealed that there is a “very strong likelihood” that one of the next five years will be the warmest on record and that the chance of at least one of the next five year’s exceeding 1.5°C is rapidly increasing.
Obscene Q1 profits from Exxon, Chevron underscore need for a windfall profits tax
“Congress must crack down on Big Oil’s insatiable greed by taxing these windfall profits and moving the United States and the world to renewable energy as quickly as possible,” said Collin Rees.
We just launched a database to expose the institutions using our money to fund fossils
Public Finance for Energy Database tracks all energy-related transactions from G20 bilateral development finance institutions (DFIs), G20 export credit agencies (ECAs), and the major multilateral development banks (MDBs). This includes 14,000 transactions going back as far as 2008 and totaling nearly $2 trillion.
As killer heat in Asia affects 1.5 billion people, UN warns heatwaves set to get worse
With the war in Ukraine dragging on into its second month, there is a relentless depressing news cycle. But as war dominates, other issues slip from the news agenda.