America First? Trump just put America Last in the coming clean energy economy. So ends the so-called ‘American century’ of leadership. The decision to withdraw from the Paris Climate Agreement will go down in history as one of the most short-sighted, destructive, and malicious decisions of any American President ever.

FOR IMMEDIATE RELEASE

May 27, 2017

CONTACT: Alex Doukas, alex [AT] priceofoil.org
Reaction: G7 leaders cave in the face of fossil fuel cronyism, fail to recommit to ending fossil fuel subsidies by 2025

In response to the G7 Leaders’ Communiqué released today, where world leaders failed to reaffirm their commitment to phase out fossil fuel subsidies by 2025, and leaders except Trump signaled their commitment to the Paris Agreement on climate change, Alex Doukas, Senior Campaigner at Oil Change International, released the following statement:

"G7 leaders caved in the face fossil fuel cronyism, and were silent on their prior commitment to end fossil fuel subsidies by

Both nominees and Senators alike appeared oblivious to the fact that gas is as dirty as coal and that significantly increasing gas reliance through new pipelines and liquefied natural gas export facilities is incompatible with a stable climate.

Despite vocal commitments to help tackle climate change, six key multilateral banks (MDBs) financed over $7 billion in coal, oil, and gas projects in 2015, and funded a total of $83 billion in fossil fuels from 2008-2015.

The U.S. government is providing extensive support for fossil fuel production on public lands and waters offshore, through a combination of direct subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the industry, a new report released today finds.