Not only does this announcement fly in the face of all the scientific evidence telling us we must go further and faster to secure a liveable planet, it also ignores polling evidence that voters want to see real action on green investment. The Labour Party must uphold their pledge to take serious action on climate change.
“The United States can help lead a shift of billions of dollars from last century’s dirty energy into the clean, renewable energy of the future, but EXIM’s fossil fuel approvals like Liwathon are a huge step backward.”
Gas infrastructure locks in decades of new carbon emissions and slows the transition to clean energy. This fact sheet provides insights into the latest research on achieving fossil-free electricity.
An influential committee of British MPs is calling on the British government to accelerate the transition from fossil fuels and set a “clear date” for the end of new oil and gas licensing in the British North Sea.
FOR IMMEDIATE RELEASE November 8, 2022 Contacts: Makiko Arima — email@example.com (AEST) Susanne Wong — firstname.lastname@example.org (CEST) New briefing: Japan is the world’s largest provider of public finance for fossil fuels, spending 10.6 billion USD a year Briefing highlights that Japan’s support for oil, gas and coal is fueling the climate crisis, undermining energy security and harming … Read More
A report released today by Oil Change International and Friends of the Earth U.S. reveals that between 2019 and 2021 the G20 countries and multilateral development banks (MDBs) provided at least USD 55 billion per year in international public finance for fossil fuels. This is a 35% drop compared to previous years (2016-2018), but still almost twice the support provided for clean energy, which averaged only $29 billion per year.
Hundres of thousands of Americans, concerned about climate change and increasingly shocked at how much they are paying at the pump for their gas, are voting with their feet and ditching their gas-guzzling vehicles and going electric.
“The EU’s new international energy strategy is woefully inadequate and would lock in decades’ more extraction of deadly gas and oil,” said Collin Rees.
The solution to both the US and UK decisions to stop importing Russian oil and gas is not to drill for more oil, either in the US or UK – something the fossil fuel industry and its supporters are already arguing. It is to invest in renewables and alternatives such as heat pumps and weatherization.
Increased recognition from governments, institutions, and even parts of the financial sector of the role of fossil fuels in climate change represents a sea change from where we were even just a few years ago. The importance of phasing out oil and gas are now featured in climate policy discussions across all sectors.