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
Silje Lundberg, North Sea Senior Campaigner, Oil Change International, silje [at] priceofoil.org (CET)
Nicole Rodel, Communications campaigner, Oil Change International, nicole [at] priceofoil.org (SAST)
Yesterday, the government of Norway and the European Commission released a joint statement (1) on energy cooperation in which the EU officially supported “continued [oil and gas] exploration, new discoveries and field developments” in Norway in order to provide additional oil and gas to the European Union over the long-term. This statement comes on the heels of the publication of the International Energy Agency’s World Energy Investment 2022 report (2) which states that “no one should
After his stunning electoral victory on Sunday in Colombia, Gustavo Petro, a former guerrilla and ex-Mayor of Bogota, has pledged to transition his country off fossil fuels during his time in office.
The Secretary General of the UN, António Guterres, says we “seem trapped in a world where fossil fuel producers and financiers have humanity by the throat". And Big Oil’s deadly stranglehold is having devastating consequences, from floods to heatwaves, as extreme weather grips many parts of the world.
Today, the International Energy Agency (IEA) released a new special report on Africa. The 2022 Africa Energy Outlook suggests a potential to increase gas production on the continent to 2030 even in a “sustainable” scenario.
LATEST PROGRAM RESEARCH
Tar sands extraction projects are moving forward with increasing pace. The industry ambition is to grow production from today’s level an extraordinary 140 percent by 2025.
The World Bank Group is experiencing clear difficulties in synching its core lending and its energy strategy with climate goals, and the institution has taken steps that can easily be viewed as creating a conflict of interest. Given these difficulties and contradictions, the institution should focus on cleaning up its own act before making further forays into climate finance initiatives.
The Joint Select Committee on Deficit Reduction, also called the “supercommittee,” must vote by November 23rd on a plan that would reduce the deficit by at least $1.5 trillion. Ending taxpayer subsidies to oil, gas, and coal companies has been suggested by Democratic leaders in Congress and many organizations as something for the chopping block