The Leave it in the Ground Initiative (LINGO), in collaboration with Oil Change International, today launched the findings of a global analysis which maps fossil fuels underneath the world’s protected areas. For the first time, it quantifies the threat from fossil fuel extraction to legally protected areas worldwide.
New report reveals Norwegian Oil Fund as Europe’s largest institutional investor in coal despite claiming to be a global climate leader
A new report by ActionAid Denmark, Urgewald, Oil Change International, Greenpeace Norway, the Norwegian Forum for Development and Environment and Future in our hands, has exposed the truth behind the Norwegian Oil Fund’s commitment to exit coal, revealing the fund still has billions of US dollars invested in the polluting industry, making it Europe’s largest institutional investor in coal.
Environmental groups warn MEPs about US certified gas before locking in dangerous, long-term methane gas import contracts
Washington, DC – As the European Parliament discusses new rules to tackle methane emissions in the energy sector, a new report by Oil Change International and Earthworks warns that U.S. certified gas schemes will put the EU’s methane emissions reduction goals at risk and undermine EU climate goals that will only be attained by a … Read More
Youth-led climate activists to march in DC on Earth Day, demand end to fossil fuels
A diverse collective of climate activists and groups, including youth-led groups, are coming together this Saturday to hold a rally and march to the White House to call for immediate, radical change and an end to the era of fossil fuels.
Reaction: LNG export terminal fights far from over in Texas
Despite fierce local and national opposition, the Federal Energy Regulatory Commission approved new LNG projects in South Texas at a time when we so clearly must transition away from fossil fuels.
New Report: Certified Gas and Project Canary Threaten Global Climate Goals
Our new report shows that certified gas programs are likely highly unreliable and ineffective, resulting in increased threats to health and climate from the oil and gas industry.
Japan-hosted G7 Ministers falsely claim they have ended fossil fuel finance, leave door open to gas investments
Today, G7 Climate, Energy and Environment Ministers issued a communique ahead of next month’s G7 Leaders Summit that leaves the door open for investments in new capacity and endorses fossil fuel-based technologies promoted by Japan, this year’s G7 host. This contradicts the International Energy Agency’s (IEA) most recent G7 analysis.
Reaction: World Bank Spring Meetings End With Broken Climate Promises
There have been few concrete developments on the G7-led ‘evolution roadmap’ and a new Paris Alignment ‘sector note on energy and extractives’ keeps all existing pathways for WBG fossil gas support open.
IEA report reaffirms G7 must end new gas expansion to meet 1.5ºC commitment
Today, ahead of the G7 Climate, Energy and Environment Ministerial meeting this weekend in Japan, the International Energy Agency (IEA)released analyses to inform the G7 energy agenda, including on the outlook for fossil gas.
New Report: Canadian Bank RBC the #1 Financier of Fossil Fuels, World’s Biggest Banks Continued to Pour Billions into Fossil Fuel Expansion
In the seven years since the Paris Agreement was adopted, the world’s 60 largest private banks financed fossil fuels with USD $5.5 trillion. The report lays bare the shocking fact that even as fossil fuel companies made $4 trillion in profits in 2022, banks still provided $673 billion in financing. Remarkably, this happened while oil majors like Exxon Mobil and Shell PLC asked for $0 financing from banks in 2022.