Norway’s plans for fossil fuel development are at odds with its commitments to the Paris climate goals according to a new report. In addition to being the world’s seventh largest emissions exporter, projected oil and gas development in the country are incompatible with global carbon budgets aligned with limiting global warming to 2 degrees Celsius or 1.5 degrees Celsius.
fossil fuels
Dirty Distraction: The Energy and Natural Resources Act of 2017 (S.1460)
The Energy and Natural Resources Act of 2017 (S.1460) would pave the way for fossil fuel expansion, locking in decades of dirty energy and undermining the necessary clean energy transition.
Talk is Cheap: How G20 Governments are Financing Climate Disaster
Each year, G20 countries provide nearly four times more public finance to fossil fuels than to clean energy. In total, public fossil fuel financing from G20 countries averaged some $71.8 billion per year, for a total of $215.3 billion in sweetheart deals for oil, gas, and coal over the 2013-2015 timeframe covered by the report. Fifty percent of all G20 public finance for energy supported oil and gas production alone.
RELEASE: G20 Nations Sending Billions in Finance to Fossil Fuels
Each year, G20 countries provide nearly four times more public finance to fossil fuels than to clean energy, according to a new report released today. In total, public fossil fuel financing from G20 countries averaged some $71.8 billion per year, for a total of $215.3 billion in sweetheart deals for oil, gas, and coal over the 2013-2015 timeframe covered by the report.
100% Renewable Energy Bill – A first foot forward
Today, Sens. Merkley (D-OR) and Sanders (I-VT) launched a bill that takes a huge step toward aligning government policy with what climate science tells us is necessary – a transition to a 100% carbon-free economy, as soon as possible.
Why the International Energy Agency Still Gets It Wrong on Fossil Fuels
On Monday, we welcomed the first step by the International Energy Agency towards describing how energy would look for the world to meet one of the Paris Agreement goals, to keep warming well below 2°C. Specifically, it looked at emissions being limited enough to give a 2-in-3 chance of staying below 2°C. The report was co-published … Read More
Oil Subsidies Propping Up Profits & Polluting the Climate
Guess who’s responsible for about half of all the oil that will be produced in the United States? You!
That’s according to a new study, which shows that 45 percent of US oil production depends on government handouts to make it profitable. Yes, your money is sponsoring pollution and lining the pockets of oil companies.
Infographic: Gov’ts Funding Fossils over Climate Finance
A handful of wealthy countries are still funding fossil fuels instead of climate action, giving 3.6 times more public money to prop up fossil fuels than they’re giving to developing countries to address climate change.
The Sky’s Limit: Why the Paris Climate Goals Require a Managed Decline of Fossil Fuel Production
A new study released by Oil Change International, in partnership with 14 organizations from around the world, scientifically grounds the growing movement to keep carbon in the ground by revealing the need to stop all new fossil fuel infrastructure and industry expansion.
Still Failing to Solve Energy Poverty
This report assesses how four multilateral development banks (MDBs) — World Bank Group, Inter- American Development Bank, African Development Bank, and Asian Development Bank — are measuring up in their efforts to address the global energy access challenge.