Investing in Disaster: Recent and Anticipated Final Investment Decisions for New Oil And Gas Production Beyond the 1.5°C Limit

November 16, 2022By Oil Change InternationalBriefings, Featured

The briefing reveals that new oil and gas production approved to date in 2022 and at risk of approval over the next three years could cumulatively lock in 70 billion tonnes (Gt) of new carbon pollution. This is equivalent to almost two years’ worth of global carbon emissions from energy at current levels, 17 percent of the world’s remaining 1.5°C carbon budget, or the lifecycle emissions of 468 coal power plants.

Updated analysis reveals oil industry climate plans are grossly insufficient to achieve Paris Climate Goals

May 24, 2022By Oil Change InternationalFeatured, Press Releases

The report finds the oil and gas majors are involved in over 200 expansion projects on track for approval from 2022 through 2025. If they go forward, these companies’ investments could create an additional 8.6 billion tonnes (Gt) of carbon pollution – equivalent to the lifetime emissions of 77 new coal power plants.

Exxon lobbyists caught saying quiet part out loud on climate obstruction

July 1, 2021By David TurnbullBlog Post, Featured

In what can only be described as both shocking and unsurprising at the same time, yesterday Greenpeace’s investigative journalism outfit, Unearthed, released video of two high-ranking ExxonMobil lobbyists (one current, one recently left the company) saying the quiet part out loud about Exxon’s ruthless political efforts to stall progress on the climate crisis and protect … Read More

Big Oil’s terrible, horrible, no good, very bad week

May 27, 2021By David TurnbullBlog Post, Energy Transitions & Futures

It has been a terrible, horrible, no good, very bad week or so for Big Oil…and that’s a very good thing for our climate. Let’s recap: Last week, the International Energy Agency released the groundbreaking “Net Zero by 2050” report, which they described as “world’s first comprehensive study of how to transition to a net zero … Read More

Biden’s climate diplomacy mustn’t turn a blind eye to Big Oil’s “dirty footprints” in Africa

March 15, 2021By Chairman OkoloiseBlog Post, Deep Dive, Featured

When President Joe Biden signed his first set of Executive Orders on Climate Change and cancelled the Keystone XL pipeline project soon after his inauguration, he sent a very clear message to the global fossil fuel industry: it’s no longer going to be business-as-usual with fighting the existential threat that climate change poses to humanity.