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
As Big Oil comes under attack for high gas prices, “price gouging”, record profits and huge pay-outs to executives, it is spending millions on advertising to win over a skeptical public. They have also increased their lobbying efforts in Washington to reassure an increasingly hostile Congress.
Saudi Arabia, the world's biggest oil exporter and therefore the world's largest indirect polluter, has finally signalled it will help the fight against global warming through, wait for it, helping research into reducing greenhouse gas emissions in the oil industry!
An amusing and disturbing AP story ran yesterday on GM's new pledge to cap gas prices at $1.99 per gallon for customers in California and Florida who buy certain vehicles (mostly SUVs) by July 5. The Hummer is among them.
We're wondering if GM might also be interested in sponsoring the following costs: the shipment of body bags home from Iraq; the cost of reconstructing New Orleans; the clean-up of every community around oil wells and refineries; the forgiveness of third world debt; and the liability costs associated with the oil industry's human rights abuses. That'd be swell of them.
A new website dedicated to people who are interested in travelling without flying or "slow travel" (aka slow food) has been launched - interested then check it out here.
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.