PRESS
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Valentina Stackl
Email: press@priceofoil.org
Who we are:
Oil Change International is a research, communication, and advocacy organization focused on exposing the true costs of fossil fuels and facilitating the coming transition towards clean energy.
PRESS RELEASES
Today at COP28, Total CEO Patrick Pouyanné said that the international oil major would call for the release of imprisoned Ugandan StopEACOP activists.
Australia has joined a major international initiative to end international public finance for fossil fuels at an event held at the UK Government Pavilion today at COP28. Australia follows Norway, who also joined the initiative on Saturday.
Welcome to Energy Day aka Fossil Fuel Phaseout Day. Today is packed with new data, press conferences, expected new announcements, actions and more - all with the same goal: a full, fast, fair, and funded phase out of fossil fuels.
Today was Finance Day at the UN climate talks in Dubai, with a mixed bag of outcomes according to Oil Change International campaigners. Multilateral development bank representatives met with the COP28 Presidency, and failed to show progress in redirecting much needed finance for a just energy transition, while export credit agencies indicate a significant drop in fossil fuel support.
Leaders expressed ambition to keep Paris goals within reach, highlighted opportunities to cut emissions in every sector, and emphasized the need for a “phase down of fossil fuels in support of a transition consistent with limiting warming to 1.5°C”.