A group of 13 environmental and community leaders are calling on the Senate to reject Senator Manchinâs proposal to undermine environmental and community review and fast-track oil, gas, coal and mining projects.
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‘No room for climate deniers!’ CSOs call for World Bank President David Malpass to be fired
Climate change organizations under the Big Shift Coalition have called on the World Bank to fire its President David Malpass.
Fact Sheet: Why Everything Manchin Says About the Mountain Valley Pipeline Is Wrong
The Mountain Valley Pipeline will not enable U.S. LNG exporters to export more gas to Europe, is not needed in the Southeast, and will increase GHG emissions and make it harder to reach our climate targets. MVP is a false solution looking for a problem. Itâs out of date and out of time.
Belgian export credit agency restricts oil and gas finance to meet climate commitment, but leaves gas loopholesÂ
Credendo’s new policy is meant to implement the Glasgow commitment to end international public finance for fossil fuels by the end of 2022, but it leaves loopholes for existing oil and gas fields and gas-fired power.
Response: International Energy Agency understates gas expansion risks for African communities, jobs, and climate
Today, the International Energy Agency (IEA) released a new special report on Africa. The 2022 Africa Energy Outlook suggests a potential to increase gas production on the continent to 2030 even in a âsustainableâ scenario.
Updated analysis reveals oil industry climate plans are grossly insufficient to achieve Paris Climate Goals
The report finds the oil and gas majors are involved in over 200 expansion projects on track for approval from 2022 through 2025. If they go forward, these companiesâ investments could create an additional 8.6 billion tonnes (Gt) of carbon pollution â equivalent to the lifetime emissions of 77 new coal power plants.
Big Oil Reality Check â Updated Assessment of Oil and Gas Company Climate Plans
Despite an array of new ânet zeroâ pledges released in the past two years, the climate promises of major U.S. and European oil and gas companies still fail to meet the bare minimum for alignment with the Paris Agreement, according to a new study.
Banking on Climate Chaos 2022: Fossil Fuel Finance Report
This report, Banking on Climate Chaos 2022, analyzes fossil fuel financing and policies from the worldâs 60 largest commercial and investment banks. We reveal that fossil fuel financing from the worldâs 60 largest banks has reached nearly USD $4.6 trillion in the six years since the adoption of the Paris Agreement, with $742 billion in 2021 alone.
New Report: Despite âNet Zeroâ Rhetoric, Worldâs Biggest Banks Continued to Pour Billions into Fossil Fuel Expansion in 2021
Released today, the 13th annual Banking on Climate Chaos report, the most comprehensive global analysis on fossil fuel banking to date, underscores the stark disparity between public climate commitments being made by the worldâs largest banks, versus the reality of their largely business-as-usual financing to the fossil fuel industry.
U.S. Oil and Gas Companies Set to Make Tens of Billions More from Wartime Oil Prices in 2022
As American families continue to be hammered by skyrocketing gasoline prices, U.S. oil and gas companies are poised to reap tens of billions in windfall profits thanks to high wartime prices.