It is clearer than ever that the climate crisis requires a rapid and managed phase-out of fossil fuel production. Reducing the wasteful practice of emitting methane into the atmosphere does not give the gas industry a pass. They need to clean up and wind down. And they need to start now.
fossil gas
Response: Congress betrayed people and the planet, but the Mountain Valley Pipeline will not be built
āBy voting for a dirty deal that fast-tracks the Mountain Valley fracked gas pipeline and guts bedrock environmental laws, Congress betrayed people and the planet.”
New Report: International public finance for fossil fuels dropped in 2021, but a rebound is likely unless key governments deliver on pledges
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.
At a Crossroads: Assessing G20 and MDB international energy finance ahead of stop funding fossils pledge deadline
This report looks at G20 country and MDB traceable international public finance for fossil fuels from 2019-2021 and finds they are still backing at least USD 55 billion per year in oil, gas, and coal projects. 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.
IEA confirms energy crisis is fossil fuel crisis and forecasts peak in gas
The International Energy Agency (IEA) released its 2022 World Energy Outlook (WEO), underscoring that accelerating investment in clean energy and efficiency, not new fossil fuels, is the answer to both climate and energy security crises. In a marked shift for the IEA, WEO 2022 essentially declares an end to the āgolden age of gas,’Ā as a result of the current energy crisis cementing an economic case against gas expansion, on top of the clear climate case.
Madness Is The Method: How Cheniere is Greenwashing its LNG With New Cargo Emissions Tags
Our new report finds that Cheniereās new lifecycle emissions tags appear to be pinned to a misleading methane emissions analysis that woefully undercounts actual leakage volumes.
Report: Countries could shift almost USD 28 billion/year from fossil fuels to jump-start the energy transitionāif they follow through on their pledges
The Glasgow Statement on public finance requires signatories to end new direct overseas support for fossil fuels by the end of 2022 and fully prioritize finance for a clean and just energy transition. But only a handful of signatories have begun to turn these pledges into action.
Response: International Energy Agency understates gas expansion risks for African communities, jobs, and climate
Today, the International Energy Agency (IEA) released a new special report on Africa. The 2022 Africa Energy Outlook suggests a potential to increase gas production on the continent to 2030 even in a āsustainableā scenario.
Groups Call Out U.S.-EU ‘Joint Task Force for Energy Security’ for Lack of Transparency and Climate Criteria
Climate and environmental justice groups are raising concerns about a lack of transparency around the US-EU Joint Task Force for Energy Security that the Biden Administration announced on March 25.Ā
United States, European Green Groups Urge Leaders to Reject Fossil Fuel Expansion Schemes
“Furthering fossil fuel dependence would be the worst possible choice for Biden and von der Leyen in a critical moment āĀ we need to double down on clean, renewable energy,” said Collin Rees.