COP28 President points again to 1.5ºC “North Star”, but UAE expansion plans still on the table

February 22, 2024By nicoleGlobal Policy, Press Releases

“Since COP28 in Dubai, both producers and importers of fossil fuels have a responsibility to accelerate the transition away from them.  While COP28 President Al Jaber is right to point out that fossil fuel demand needs to decline rapidly, this cannot be an excuse for the massive expansion of fossil fuels planned by his own company, ADNOC, and the five rich global north countries responsible for the majority of planned oil and gas expansion to 2050, led by the United States.”

Oil Change International response to IEA Ministerial communique

February 14, 2024By nicolePress Releases, Stop Funding Fossils

“Today’s commitment to make a finance roadmap to limit warming to 1.5°C and ensure a just energy transition is a welcome step, but in order to be useful, the IEA’s new research must continue with strong recommendations to immediately halt finance flowing to fossil fuels, and start recommending dramatically increased public finance on fair terms for renewable energy and energy efficiency.”

Press Release: Strong outcome to end of the fossil fuel era backed by large majority of UNFCCC Parties 

December 12, 2023By Al Johnson-KurtsPress Releases

Analysis released today by the Pacific Islands Climate Action Network (PICAN) and Oil Change International confirms that: At least 127 countries have called for or endorsed a decision to phaseout fossil fuels at this year’s UN climate negotiations. These countries account for 71.7% of the Parties to the UN Framework Convention on Climate Change, and represent 46.5% of global greenhouse gas emissions and 69.7% of global GDP.

Countries make joint statement on shifting fossil fuel subsidies towards renewable energy at COP28

December 9, 2023By nicolePress Releases, Stop Funding Fossils

“Today’s announcement from the Netherlands, United Kingdom, Canada and many of their peers is a disappointment. At a time when we need rich country leaders to concretely expand their past ambition to secure a fair deal, these ministers are just regurgitating promises and initiatives that are now more than a decade old and have been so ineffective that fossil fuel handouts and profits continue to reach record levels.”