A new report released today by Oil Change International, Natural Resources Defense Council (NRDC), and World Wide Fund for Nature (WWF) exposes for the first time a web of billions of dollars of public finance flowing to support the coal industry each year by way of export support, development aid and general finance.
Press Releases
New analysis finds 1.6 million bpd of planned tar sands expansion on life support
New analysis from Oil Change International has found that over 1.6 million barrels per day of planned expansion in tar sands production is currently delayed or on hold as industry struggles to identify a profitable path forward for 39 projects.
Shell’s Arctic plans to be challenged at AGM on heels of escalating Seattle opposition
For release: May 18th, 2015 (The Hague) Royal Dutch Shell will face questions and concerns from shareholders and investors tomorrow on its plans to attempt another season of offshore drilling in the U.S. Arctic Ocean this summer. These concerns come on the heels of a weekend of escalating protest and opposition in Seattle, where Shell has ignored … Read More
OCI Response to Canadian climate target announcement
One has to look no further than what is not included in these targets — the tar sands — to understand where their priorities lie.
OCI Response to Conditional Approval of Shell’s 2015 Arctic Drilling Plan
Today’s decision to rubber stamp Shell’s 2015 Arctic Exploration Plan is yet another example of the dangerous disconnect between our climate imperatives and the Obama administration’s energy policy.
OCI response to Alberta, Canada election results
This is a biting new reality for Big Oil in Alberta, which has been used to the government acting as its mouthpiece and cheerleader for decades.
Obama Administration Leaves Explosive Oil Trains on the Rails for Years
For Immediate Release May 1, 2015 Obama Administration Leaves Explosive Oil Trains on the Rails for Years Long phase-out of hazardous cars, inadequate speed limits, deficient tanker shells leave communities at risk of catastrophe Washington, D.C. — Today the Department of Transportation (DOT) released long-awaited new safety standards for rail tank cars used to haul … Read More
Blunt New Ad Calls Upon President Obama to Save the Arctic, Protect Our Climate
If Oil Companies Get Their Way, 18 Environmental, Native Rights Groups Warn of 75-percent chance of ‘Major’ Oil Spill, 100-percent Chance of ‘Climate Disruption’.
Analysis: World Bank Group increases spending on fossil fuels
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.
Oil Change International: Fast-Track places interests of corporations over people
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.