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
Today's Independent newspaper carries an indepth interview with celebrated scientist, James Lovelock who invented the "Gaia" theory thirty years ago.
His new book, called the The Revenge of Gaia is published next month. In it Lovelock argues that climate change has already past the point of no return and that billions of people will die before the end of the century.
On the Independent's website, the Lovelock article is running opposite a BP advert saying "Its time to listen".
Don't you just love irony.
So the Bush administration has just given the green light to oil and gas exploration in an area of the Arctic that even the hard-line Reagan administration wanted to protect.
Frustrated by its failure to open up the Arctic National Wildlife Refuge, the Bush administration has given the green light to open up an area in the nearby National Petroleum Reserve-Alaska.
The news reported in the scientific journal Nature this month that trees might be account for about 10 to 30 per cent of the potent greenhouse gas methane that is entering the atmosphere is a gift to climate skeptics and the oil industry.
For years they have tried to argue that man-made emissions were not to blame. It is also a gift to those people who oppose the UN Kyoto protocol, because part of that agreement is the off-setting of carbon dioxide emissions with the planting of trees.
Watch this space – we will monitor what these groups have to say in
BP is on course this year to announce the largest profits ever by a British company, with annual profits of over $21bn (£12bn). This is despite the company taking a billion dollar hit over the fallout from Hurricane Katrina. The company’s giant windfall is due to the recent high oil prices.
LATEST PROGRAM RESEARCH
New Briefing: Despite pledging to stop international financing for fossil fuel projects by the end of 2022, the Italian Government is continuing to actively consider financing for major international fossil fuel projects that could emit greenhouse gas emissions equivalent to at least 3.5 times Italy’s annual emissions.
The briefing reveals that new oil and gas production approved to date in 2022 and at risk of approval over the next three years could cumulatively lock in 70 billion tonnes (Gt) of new carbon pollution. This is equivalent to almost two years’ worth of global carbon emissions from energy at current levels, 17 percent of the world’s remaining 1.5°C carbon budget, or the lifecycle emissions of 468 coal power plants.
This briefing, "Japan's Dirty Secret: World's top fossil fuel financier is fueling climate chaos and undermining energy security," reveals that Japan is the world’s largest public financier of fossil fuel projects, providing 10.6 billion USD per year between 2019 and 2021. Japan has been leading the drive to expand gas consumption in Asia and is the world’s leading financier of gas infrastructure globally, spending USD 6.7 billion on gas projects on average each year between 2019 and 2021.