Today, Oil Change International and the Sierra Club released a report finding that none of the major multilateral development banks are succeeding in reaching the world’s poor with their energy projects.
Oil Change International, September 2014
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This report examines the development of bitumen-by-rail at a time when its growth is expected to take a substantial leap. How much bitumen is actually moving by rail in 2014? What is the capacity of loading and unloading terminals that are realistically positioned to handle tar sands bitumen? How profitable is bitumen-by-rail? What are the challenges it faces, and what can we realistically expect for the future? This report addresses these questions and more, and concludes the following:
Bitumen-by-rail to the U.S. Gulf Coast currently provides less than 6 percent of the Keystone XL pipeline’s proposed capacity and total bitumen-by-rail imports into the
A new report by Oil Change International identifies billions of dollars in subsidies for fossil fuel exploration from the world’s wealthiest countries.
Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama
Oil Change International
A new report by Oil Change International, Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama, demonstrates the huge and growing amount of subsidies going to the fossil fuel industry in the U.S. every year. In 2013, the U.S. federal and state governments gave away $21.6 billion in subsidies for oil, gas, and coal exploration and production.
The value of fossil fuel exploration and production subsidies from the federal government have increased by 45 percent since President Obama took office