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
Britain’s most prestigious scientific body, the Royal Society, has drawn up plans to fight renewed attempts by sceptics and industry-funded lobby groups to derail international action on climate change.
BP's pipes in Alaska might be leaking like a sieve, but its coffers are nice and healthy. North Slope crude oil closed above $70 a barrel for the first time on Wednesday – on the back of concerns about Iran and tensions in Nigeria. It was only in May 2004 that the price hit $40 a barrel for the first time. Five months later it topped $50. In August 2005 it broke $60. Now it's beyond $70. Any bets where it will stop?
More bad new for BP: It has admitted the Baku-Ceyhan oil pipeline will cost 30 per cent more than first expected. David Woodward, head of BP Azerbaijan, said yesterday the 1,768 km (1,099 mile) pipeline would cost $3.9bn (£2.18bn) rather than $2.95bn.
Although that is bad news - you just wait until the company starts experiencing corrosion problems on this pipeline. It will make its Alaska problems seem insignificant. Or so the rumour goes...
Normally those working on environmental or “green issues” complain that it is high on the list of peoples’ priorities but low on those of politicians. When an election comes along issues like climate change sink without a trace.
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.