“Biden’s climate legacy hangs in the balance — we need bold leadership, not tinkering around the edges. Declaring a climate emergency would make it clear that Biden views the climate crisis as an existential threat and unlock key powers to tackle climate change head-on and hasten a just transition to clean, renewable energy,” said Rees.
News
Belgian export credit agency restricts oil and gas finance to meet climate commitment, but leaves gas loopholes
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: New Biden Offshore Leasing Plan Is a Deadly Betrayal of Communities and Climate
“We can’t transition away from fossil fuels by locking in five more years of deadly extraction, and Biden can’t claim to care about environmental justice while forcing oil and gas drilling on already burdened communities,” said Collin Rees.
Response to U.S. Supreme Court decision in West Virginia v. EPA
“This Supreme Court decision was illegitimate and wrong, but does almost nothing to constrain President Biden’s toolbox to address the climate crisis,” said Collin Rees.
Response: G7 ministers pledge to end public finance for fossil fuels by the end of this year, prioritizing clean energy support instead
Today G7 climate, energy and environment ministers issued a communique committing to end public finance for fossil fuels by the end of this year.
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.
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.
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.