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
The fight against climate change received an unexpected boost yesterday when 86 evangelical Christian leaders in American backed a major initiative to fight climate change. A statement they released said: "millions of people could die in this century because of climate change, most of them our poorest global neighbors."
The statement continued: "For most of us, until recently this has not been treated as a pressing issue or major priority. Indeed, many of us have required considerable convincing before becoming persuaded that climate change is a real problem and that it ought to matter to us as Christians. But now we
Tony Blair yesterday warned world leaders they had less than seven years to save the climate, but then ruled out a special tax on the most polluting travel of all - flying.
"It is unrealistic to think that you will get some restriction on air travel at an international level", said Blair. So we can all carry on flying and leave climate change to governments to sort out... Sounds like a great plan, Mr. Blair
Yesterday saw BP join Shell and Exxon in reporting record profits of $19.3bn (£11bn).
What the three company results highlight is the fundamental flaw of how they are valued by city investors. As both Shell and BP posted record profits their share price actually went down as the profits were not as large as some had expected.
But the real reason that city investors were disappointed is that they felt that both BP and Shell had underperformed in key areas. Shell had not replaced as much reserves as the city analysts had hoped. BP also disappointed mainly through its refining operations. To
A sustainable society must depend upon renewable resources,
which oil cannot be. It must recycle nonrenewable resources,
and burned oil cannot be recycled. It needs to restore the base
of renewable resources — our forests, soils, cities and human
minds.
LATEST PROGRAM RESEARCH
Summary:
Governments have spent over $20 billion – and have approved up to $200 billion more – of public money on carbon capture and storage (CCS), providing a lifeline for the fossil fuel industry.
79% of operating carbon capture capacity globally sends captured CO2 to produce more oil (via Enhanced Oil Recovery).
Many of the largest CCS projects in the world overpromise and under-deliver, operating far below capacity.
Oil and gas companies, and some governments, are more interested in looking like they are acting on climate change than actually acting on climate change. They spend billions on smoke and mirrors, such as:
“carbon capture and storage”,
“certified gas”, and
ammonia co-firing, and hydrogen,
to make us believe that they are coming up with solutions for a livable planet when, in reality, they are trying to build escape hatches to suck every last ounce of profit out of their dirty fossil fuel business. These companies and their lobbyists are counting on adding loopholes in the final UN Climate Change Conference
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Despite the urgent need to phase out fossil fuels, Japan is driving the expansion of liquified gas (LNG) and other fossil-based technologies like ammonia co-firing across Asia and globally. This will worsen the climate crisis and harm communities and ecosystems. Communities and movements are rising up – particularly in the Global South – to oppose Japan’s efforts to derail the transition to renewable-based energy systems.
The Japanese government is the world’s second-largest provider of international public finance for fossil fuels and the world’s largest provider of international public finance for gas. Japan has continued financing international fossil fuel projects this year, breaking