A policy brief released today by OCI and ODI shows that despite their commitment to align financial flows with climate goals under the Paris Agreement adopted in 2015, the E3F countries still provided €20 billion in export finance for fossil fuel projects abroad between 2018 and 2020.
Asia is one of the few remaining growth markets for gas. The fossil fuel industry and its proponents are pushing to develop $379 billion of gas terminals, pipelines and power plants in Asia over the next decade. Roughly three-quarters of all Liquified Natural Gas (LNG) import terminals in development globally are planned for Asia. This aggressive buildout ignores a simple truth.
This impending buildout of new gas infrastructure poses one of the greatest threats to meeting the goals of the Paris Agreement. Instead of forming a bridge — as gas proponents claim — gas expansion builds a wall against the clean energy future we need.
More than 500 organizations called on policymakers in the U.S. and Canada to reject Carbon Capture and Storage (CCS) as a dangerous distraction and to end the “carbon capture of climate policy.”
The plan leaves the door open for new gas finance and keeps existing loopholes for continued support for all fossil fuels.
The API claims gas is the main reason US power sector emissions are down. Our latest analysis shows it’s not.
A detailed analysis by Oil Change International of the public statements and commitments by the American Petroleum Institute (API) around methane emissions and climate change has uncovered a decade of spurious data, deceptive messaging, and disingenuous public positioning by the big oil spin doctors.
A new study published last week confirms what we already knew about oil and gas in the Permian Basin. It’s an unmitigated disaster.
The third and final installment in a series of blogs on the IEA’s Special Report on gas and energy transitions. This blog discusses the IEA’s analysis of methane leakage and its faith in carbon capture and storage.
The second in a series of blogs on the IEA’s 2019 report on the role of gas in energy transitions. This part explores the climate risks inherent in the report’s main policy prescription.