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
Illustration by Pawel Kuczynski
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.
Carbon, Capture, Utilization, and Storage (CCS or CCUS) has a 50-year history of failure. CCS is often presented as a new technology to reduce carbon dioxide (CO2) emissions by trapping
As we drove by the long chain of refineries and other petrochemical facilities that surround the small town of Port Arthur, Texas, noxious fumes wafted into our truck. The residents of Port Arthur, Groves and towns along the Gulf Coast are forced to inhale polluted air day in and day out.
“Smell that? To some people it smells like money, but it’s death to us,” said John Beard III of the Port Arthur Community Action Network. “That’s the smell of death.”
Colleagues from Friends of the Earth Japan and I traveled to Texas and Louisiana in early November for a week-long tour,
They are calling it the largest civil disobedience climate protest in the history of Australia. This weekend, thousands of activists, young and old, from across the country descended on the world’s largest coal port at Muloobinba (Newcastle), on Awabakal and Worimi land and water.
The oil giant Shell spends millions of dollars each year to anticipate the future to try and predict the unpredictable. In a corporate game of crystal-ball gazing, Shell likes to play the long game, looking decades into the future to predict upcoming geopolitical or technological trends.
LATEST PROGRAM RESEARCH
Our latest report released today exposes U.S. oil producers that want to export crude oil despite the fact that they still only produce barely more than 50% of U.S. oil demand. 40 years on from the Arab oil embargo and America’s oil producers have only one thing on their minds; profits.
Lifting crude export restrictions would bring U.S. oil prices in line with international prices and enable oil producers to charge U.S. refiners more. This is the focus of increasing calls from the industry and its investors for an end to crude oil export restrictions.
The U.S. oil boom is based on
The World Bank Group (WBG) increased financing for both fossil fuels and large hydropower significantly this past year, while financing for clean energy dropped. Overall, only 8 percent of the Bank’s energy financing last year was aimed specifically at the poor.
The World Bank’s infrastructure program in Indonesia stipulates policies and government subsidies that promote the accelerated development of over 16 GW of coal power projects in the country ahead of developing feasible renewable alternatives.