Oil Change International- May 2015 Download Briefing The Canadian tar sands is among the most carbon-intensive, highest-cost sources of oil in the world. Even prior to the precipitous drop in global oil prices late last year, three major projects were cancelled in the sector with companies unable to chart a profitable path forward. Since the … Read More
Despite repeated calls for urgent action on climate change, the World Bank Group increased funding for fossil fuels in its last fiscal year. The World Bank’s increase in fossil fuel finance is especially disappointing as 2014 was the first full fiscal year following the World Bank’s commitment to limit coal financing due to climate concerns.
Public support for fossil fuel exploration in rich countries is nearly triple the amount pledged to the Green Climate Fund.
G20 countries are estimated to be spending $88 billion every year subsidising exploration for fossil fuels. This new report documents, for the first time, the scale and structure of fossil fuel exploration subsidies in the G20 countries.
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.
Today, Oil Change International and the Sierra Club released a report finding that none of the major multilateral development banks are succeeding in reaching the world’s poor with their energy projects.
Oil Change International, September 2014 Download full report This report examines the development of bitumen-by-rail at a time when its growth is expected to take a substantial leap. How much bitumen is actually moving by rail in 2014? What is the capacity of loading and unloading terminals that are realistically positioned to handle tar sands bitumen? How profitable is … Read More
A new report by Oil Change International identifies billions of dollars in subsidies for fossil fuel exploration from the world’s wealthiest countries.
Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama Oil Change International July 2014 A new report by Oil Change International, Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama, demonstrates the huge and growing amount of subsidies going to the fossil fuel industry in … Read More
Runaway Train: The Reckless Expansion of Crude-by-Rail in North America. Oil Change International, May 2014. This report tracks the rise of crude-by-rail in North America, detailing where crude trains are being loaded and unloaded, how many trains carrying crude oil are crossing the North American continent, and who is involved in this burgeoning trade. This report is the … Read More