FOR IMMEDIATE RELEASE 9 JANUARY 2015 In response to the Nebraska Supreme Court decision on the Keystone XL tar sands pipeline route, Steve Kretzmann, Executive Director of Oil Change International released the following statement: “While the route for Keystone XL may have been approved on a technicality, passing the climate test is a much higher … Read More
Statement on President Obama’s veto threat of Keystone XL legislation
The President is right to threaten a veto of legislation to approve the pipeline, just as he’ll be right to reject Keystone XL once and for all. The pipeline clearly fails the climate test that the President set out last year, particularly with low oil prices.
New Report: Tar Sands Producers Face a Growing ‘Constellation of Risks’ as Public Opposition Hits Industry’s Bottom Line
A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Oil Change International quantifies for the first time the financial and carbon impact of public opposition to pipelines and other expanded investment in tar sands production.
New Report Gives World Bank an ‘F’ on Clean Energy Access
Today, the Sierra Club and Oil Change International released a new report highlighting the failure of the world’s top multilateral development banks (MDBs) to align their energy lending with the International Energy Agency’s (IEA) projections for ending energy poverty.
New Report: Rail won’t solve tar sands industry’s market access problem
A report published today by Oil Change International presents new analysis that confirms that shipping tar sands bitumen by rail cannot possibly meet the tar sands industry’s reckless production growth plans.
Richest Countries Spending Billions to Expand Unburnable Carbon Stock
A new report released today by Oil Change International outlines billions of dollars of annual subsidies from the seven richest countries in the world to expand fossil fuel reserves, despite repeated commitments from those same countries to phase them out.
Report: Fossil Fuel Production Subsidies Exceed $21 Billion Annually in United States
A new report released today by Oil Change International exposes over $21 billion in fossil fuel production subsidies annually in the U.S. at the federal and state levels.
Blistering TV ad targeting Exxon and $20 billion in subsidies released today
A trio of progressive organizations have released a hard-hitting satirical ad, entitled “Exxon Hates America,” and are crowdfunding it to show on screens across America over the July 4th weekend.
International NGOs Call on Governments to #EndCoalFinance
On Monday, June 16 the Organization for Economic Cooperation and Development (OECD)’s Export Credit Group will meet to discuss climate and energy related financing through Export Credit Agencies – public agencies that fund or guarantee private corporations from their home country to invest or export overseas.
New Report Outlines the Rise of Crude-by-Rail in North America
Today Oil Change International released the first major exposé of the burgeoning crude-by-rail industry in North America, detailing where crude trains are being loaded and unloaded, how many oil trains are crossing the North American continent, and what companies are involved.