GLOBAL POLICY
The Paris climate goals demand a rapid, just transition from fossil fuels to clean energy. We’re pushing governments to lead the way by adopting policies to end oil and gas production.
OVERVIEW OF WORK
In order to achieve climate goals, governments and other decision makers must support a just and equitable move away from fossil fuels. We are pushing for precedent-setting leadership from governments to put policies in place to manage the decline of oil and gas and ensure a just transition for fossil-fuel dependent workers and communities.
Building from a growing group of first mover governments, we are pressuring for increasing numbers of national and regional governments to end new licenses and permits for oil and gas production, and to develop plans to wind down their existing production over time.
LATEST PROGRAM POSTS
I would just like to tell you that we haven't specifically got it in for BP - the oil giant seems to have it in for itself.
Hot on the heels of news of the company being investigated for price manipulation and propane is the news that a group of prominent black leaders in the US including Jesse Jackson and Al Sharpton have announced a boycott of BP, saying the company gouges consumers and racially discriminates in its business practices. The company was targeted, Jackson says, because none of its upper-level executives are black and there are no black owners among
Lets carry on this theme for a minute. The US produces nearly half of global emissions from vehicles, because they drive bigger more fuel inefficient cars further than anyone else. These emissions cause climate change which in turn causes more frequent hurricanes. More hurricanes and storms means more property damage and more property damage means higher insurance for property. All sounds a bit far fetched or does it?
Yesterday’s New York Times reported how homeowners in Florida are struggling to get insurance on their properties after two bad hurricane seasons. If they do get insurance the rates are extremely high.
So we now know that nearly half the global pollution coming from exhaust pipes is from US cars, because Americans drive bigger more fuel inefficient cars for longer than anyone else. So is that trend going to stop? No.
The big three US auto makers are in the midst of offering ridiculous bargains to tempt consumers to buy their big beasties. As the New York Times reported yesterday “To many car shoppers, $5,000 off might sound like the deal of the year. The truth is, it might not even be the best deal this week”.
Will the bad news ever stop for BP? US federal investigators have now charged the beleaguered oil giant with “secretly and illegally” cornering a portion of the U.S. propane market - a move that drove up heating and cooking costs for millions of poor and rural Americans.
LATEST PROGRAM RESEARCH
This new report, “Public Enemies: Assessing MDB and G20 international finance institutions’ energy finance” looks at G20 country and MDB traceable international public finance for fossil fuels from 2020-2022 and finds they are still backing at least USD 47 billion per year in oil, gas, and coal projects.
This briefing assesses Shell’s fossil fuel extraction plans in light of Shell's appeal of a Dutch court verdict requiring the company to take responsibility for its climate pollution. Our analysis shows that Shell continues to plan for levels of oil and gas production and investment that undermine the world’s chances of curtailing climate disaster.
The countries that produce oil and gas from the North Sea (Norway, the UK, the Netherlands, Germany, and Denmark) rank among the countries with the greatest economic capacity and responsibility to rapidly phase out extraction, and to finance just transitions to renewable energy solutions domestically and abroad.