The IEA’s latest methane data exposes the failure of industry-led voluntary initiatives to reduce methane emissions.
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NGOs demand end to Congo oil auction after leak of secret trade-off deal
A coalition of civil society groups have called for the immediate cancellation of a massive oil and gas auction in the Democratic Republic of Congo (DRC) following news of a secret deal between Oil Minister Didier Budimbu, Nigerian gambling tycoon Chukwuma Ayodeji Ojuroye, and US consultancy GeoSigmoid.
Three Strikes and You’re Out: Manchin’s Dirty Deal goes down in flames a third time
“The Senate’s rejection of this dangerous bill is a resounding victory for environmental justice communities and the climate,” said Rees.
Canada delivers on climate promise, takes significant step towards ending public fossil finance
Today the Government of Canada released a plan to end new public finance for fossil fuels abroad and instead prioritize clean energy projects.
Italian government considering support for international fossil fuel projects that would emit 3.5 times Italy’s annual emissions, despite major climate promise
New Briefing: Despite pledging to stop international financing for fossil fuel projects by the end of 2022, the Italian Government is continuing to actively consider financing for major international fossil fuel projects that could emit greenhouse gas emissions equivalent to at least 3.5 times Italy’s annual emissions.
Oil Change International response to Norway’s postponement of new licensing round
The Norwegian Government just postponed one of the country’s two oil and gas licensing rounds for the next three years. The decision was part of Norway’s minority government’s budget deal with the opposition Socialist Left Party (SV).
New briefing: Oil and gas industry on brink of major surge in expansion – new drilling plans approved through 2025 could exhaust 17% of the global carbon budget for 1.5°C
The new briefing, titled ”Investing in Disaster”, exposes the countries and companies that have approved the most new oil and gas extraction in 2022, and that could be responsible for major expansion through 2025.
Investing in Disaster: Recent and Anticipated Final Investment Decisions for New Oil And Gas Production Beyond the 1.5°C Limit
The briefing reveals that new oil and gas production approved to date in 2022 and at risk of approval over the next three years could cumulatively lock in 70 billion tonnes (Gt) of new carbon pollution. This is equivalent to almost two years’ worth of global carbon emissions from energy at current levels, 17 percent of the world’s remaining 1.5°C carbon budget, or the lifecycle emissions of 468 coal power plants.
Germany, Italy, Canada, United States warned to keep their climate promise on first anniversary of initiative to end public finance for fossil fuels
A UK Government event at COP27 in Egypt has marked the first anniversary of a groundbreaking international initiative to phase out international public finance for fossil fuels, one of the most concrete outcomes of last year’s UN climate summit in Glasgow. At today’s event, countries took stock of implementation efforts and announced Nepal as a new signatory to the pledge, making this country the 40th signatory to the statement.
Election Response: Our movements won’t back down — Biden must step up to defend democracy, stop climate chaos
Declaring a climate emergency and stopping new fossil fuel projects should be at the top of Biden’s agenda — the future of the planet and U.S. democracy is at stake. The last thing Congress should do is pass Big Oil’s dangerous ‘permitting reform.’