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.

Japan’s Dirty Secret: World’s top fossil fuel financier is fueling climate chaos and undermining energy security

November 8, 2022By Oil Change InternationalBriefings, Featured

This briefing, “Japan’s Dirty Secret: World’s top fossil fuel financier is fueling climate chaos and undermining energy security,” reveals that Japan is the world’s largest public financier of fossil fuel projects, providing 10.6 billion USD per year between 2019 and 2021. Japan has been leading the drive to expand gas consumption in Asia and is the world’s leading financier of gas infrastructure globally, spending USD 6.7 billion on gas projects on average each year between 2019 and 2021.

New briefing: Japan is the world’s largest provider of public finance for fossil fuels, spending 10.6 billion USD a year

November 8, 2022By Oil Change InternationalFeatured, Press Releases

FOR IMMEDIATE RELEASE November 8, 2022 Contacts: Makiko Arima — makiko@priceofoil.org (AEST) Susanne Wong — susanne@priceofoil.org (CEST) New briefing: Japan is the world’s largest provider of public finance for fossil fuels, spending 10.6 billion USD a year Briefing highlights that Japan’s support for oil, gas and coal is fueling the climate crisis, undermining energy security and harming … Read More