New analysis released today by Oil Change International shows that, despite repeated calls for urgent action on climate change, the World Bank Group increased funding for fossil fuels in its last fiscal year. This increase comes during the first full fiscal year following the World Bank’s announced commitment to limit coal financing due to climate concerns.
The fact that free trade advocates feel the need to short-circuit democracy in order to ensure their victory really says it all. We vigorously oppose granting fast track negotiating authority for these trade deals. The voice of the people is our last line of defense against Big Oil’s assault on our climate and our future. We will not be silenced.
Today’s failed vote is just another example of a corrupt Congress trying to please its Big Oil Benefactors. Nothing more, nothing less. Keystone XL backers continue to trot out the same tired talking points spoon-fed to them by the industry. Meanwhile the facts remain the same: Keystone XL fails the climate test and should be rejected.
A new analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
Fossil fuel funded politicians in Congress should take note – when the President of the United States says he is going to do something, he follows through.
Oil Change International, Earthjustice and Sightline Institute have submitted a Freedom of Information Act request to the US Department of Commerce Bureau of Industry and Security (BIS) seeking details on the Bureau’s criteria for recently approving multiple significant exceptions to the nation’s crude oil export ban.
The EPA’s comments point to the fact that at current oil prices the pipeline would certainly trigger additional production in the tar sands, and thus significant additional emissions. Thus Keystone XL clearly fails the President’s climate test…
The Senate has voted to approve Keystone XL, and has chosen to once again side with Big Oil’s money over our climate and our future.
The world is in a very big hole with climate change and when you’re in a hole the first order of business should be to stop digging. Unfortunately, the Administration’s Five Year Plan amounts to climate denial.
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