Japanese financing of LNG projects has a legacy of environmental and human harm, especially along the US Gulf Coast. Japanese private banks (MUFG, Mizuho, SMBC) are the top three financiers for LNG export terminals in the U.S., and the U.S. is the largest exporter of LNG in the world.
News
New Report Exposes Shell’s Oil and Gas Expansion Despite Court Rulings
As Shell prepares to appeal a court order to reduce emissions by 45%, a new report from Milieudefensie and Oil Change International reveals the company has flagrantly continued to expand oil and gas projects since the 2021 court ruling, defying orders to align its plans with what is required to curb the climate crisis.
Troubled Waters: How North Sea Countries Are Fueling Climate Disaster
The countries that produce oil and gas from the North Sea (Norway, the UK, the Netherlands, Germany, and Denmark) rank among the countries with the greatest economic capacity and responsibility to rapidly phase out extraction, and to finance just transitions to renewable energy solutions domestically and abroad.
Over 550 U.S., International Groups Applaud Biden’s LNG Permitting Pause, Urge Further Action
A letter delivered to U.S. President Biden from 560+ organizations around the world applauded Biden’s decision to halt pending LNG export approvals and called on him to expand the pause to halt all permitting of new LNG infrastructure and export projects.
New Analysis: EU does not need expanded oil and gas supply to meet declining energy demand
A new report finds that the EU’s demand for gas is set to decline significantly in line with climate targets, eliminating the need to expand supply from new fields or infrastructure. In the report, On Thin Ice, the authors model how EU’s gas demand matches future supply in various forecasted scenarios.
LNG Kills: How Biden’s Pause on New Export Authorizations Doesn’t Go Far Enough
While Manchin and his industry allies spread tired old myths about America saving the world from Putin and Chinese coal plants, the reality is the energy transition is already moving away from gas faster than most people think. That action needs to focus on a phase-out of all fossil fuel exports and protections and reparations for the frontline communities.
Response to Azerbaijan announcement of Mukhtar Babayev as COP29 President
“We need a shift away from the business-as-usual threatening lives and wrecking the climate, but Azerbaijan appointing another lifelong oil man to lead the next UN climate talks pushes us closer to the abyss,” said Rees.
Amicus Curiae: “It is the duty of States to phase out fossil fuel production”
This amicus curiae, submitted to the Inter-American Court of Human Rights, outlines the duty of States to phase out fossil fuel production and use in order to comply with the 1.5°C temperature limit.
COP28: Total CEO Patrick Pouyanné to Call for Release of Imprisoned Ugandan Stop EACOP activists
Today at COP28, Total CEO Patrick Pouyanné said that the international oil major would call for the release of imprisoned Ugandan StopEACOP activists.
Media Advisory: Community Leaders Urge USA to End Fossil Fuels, Deliver Environmental Justice
As the U.S. government arrives in Dubai for the UNFCCC COP28 climate summit, frontline communities, youth, and civil society are planning to confront the Biden-Harris administration’s oil and gas expansion and urging a rapid fossil fuel phaseout.Â