Press Release: World Energy Outlook 2023

October 24, 2023By Al Johnson-KurtsPress Releases

Paris, France – Today, the International Energy Agency’s flagship report, the World Energy Outlook (WEO), reaffirms that world leaders must not develop new oil, gas, or coal beyond existing fields, and must close some existing fields and infrastructure early, to remain within the internationally agreed upon temperature limit. The WEO’s findings reinforce urgent calls for … Read More

Study confirms need to redirect billions in Netherland’s fossil fuel subsidies

October 12, 2023By nicolePress Releases, Stop Funding Fossils 1 Comment

Ending fossil fuel subsidies presents a massive opportunity to shift billions to pay for energy efficiency, renewable energy, and climate finance, as well as to social protection measures that can mitigate any harmful impacts on households. If the Netherlands takes action now, it has an opportunity to bring other countries along at COP28, the upcoming UN climate conference in Dubai.

“Global Financial Architecture” reform must see rich countries pay their fair share for fossil fuel phase out.

October 5, 2023By Claire O'ManiqueBlog Post, Stop Funding Fossils

As communities face rising debts and rising seas, pressure from people-powered movements has put global financial architecture reform on the multilateral agenda for the first time in decades. This is desperately needed, as our current international monetary, trade, tax, and debt rules are limiting how much funding is available for climate action.

Approval of Rosebank oil field highlights UK Planet Wrecker status

September 27, 2023By nicoleNorth Sea, Press Releases 2 Comments

“The science could not be more clear: there is no room for a single drop of oil from new fields. In our recent report “Planet Wreckers” we showed how the UK is one of the five rich Global North countries responsible for 51% of planned new oil and gas extraction globally to 2050, and blatantly ignoring the calls to rapidly phase out fossil fuels. The fact that the UK Government has approved the biggest undeveloped field in the UK, and coming just one week after the Government’s weakening of its net zero policies, is proof positive it is siding with oil and gas giants over a liveable future for all.”

Planet Wreckers: How Countries’ Oil and Gas Extraction Plans Risk Locking in Climate Chaos

September 12, 2023By nicoleFeatured, Reports, Research & Opinions 12 Comments

New Oil Change International research shows that only 20 countries, led overwhelmingly by the United States, are responsible for nearly 90 percent of the carbon-dioxide (CO2) pollution threatened by new oil and gas fields and fracking wells planned between 2023 and 2050. If this oil and gas expansion is allowed to proceed, it would lock in climate chaos and an unlivable future.

New Research Exposes 5 Global North Countries Responsible for 51% of Planned Oil and Gas Expansion Through 2050

September 12, 2023By nicoleFeatured, Press Releases 4 Comments

Analysis shows just 20 countries are responsible for nearly 90% of carbon dioxide pollution threatened by new oil and gas extraction projects between 2023 and 2050 — with top ‘climate hypocrites’ the United States, Canada, Australia, Norway, and the United Kingdom accounting for a majority. If these 20 Planet Wreckers followed the call from UN Secretary General Guterres to stop new oil and gas fields and licensing, the equivalent to the lifetime carbon pollution of 1,100 new coal plants would be kept in the ground.