A new report released by Oil Change International details, for the first time, the full accounting of greenhouse gas emissions that would result from the proposed Jordan Cove LNG Export terminal and Pacific Connector fracked gas Pipeline project in Oregon.
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Response: Industry-friendly FERC rightly rejects Perry’s coal and nukes bailout
This was an easy decision for FERC. Secretary Perry’s proposal was nothing more than a massive bailout for the coal and nuclear industries, so it’s no surprise it was resoundingly rejected by even the industry-friendly commission.
The French Revolution: France bans new oil and gas licenses
The managed decline of oil and gas production has begun. On Tuesday, France set passed a law to end the exploration for and extraction of oil and gas. In our 2016 report, The Sky’s Limit: Why the Paris Climate Goals Require a Managed Decline of Fossil Fuel Production, we showed that emissions from the oil, gas and … Read More
Statement: The Managed Decline of Fossil Fuels Begins
The managed decline of fossil fuels has begun. Leaders around the world have a choice: Will they join France in moving forward in ending fossil fuel extraction and managing the decline of the fossil fuel industry? Or will they continue to deny full steam ahead off the cliff to climate disaster and economic disarray?
VA State Water Control Board Delays the Atlantic Coast Pipeline: Oil Change International Response
The Atlantic Coast Pipeline, like the Mountain Valley Pipeline, is a boondoggle that imperils our climate and communities. It must not be built. The Water Board has given itself an important opportunity to complete its work the right way by finalizing a complete rejection.
Big Shift campaign reacts to World Bank commitment to end upstream oil and gas finance
All financial institutions, public and private, including the World Bank, must still work toward aligning their finance with the aim of keeping global temperature increase below 1.5 degrees Celsius, but today, the World Bank set a high new bar in climate leadership.
Reaction: World Bank Steals Show at One Planet Summit by Phasing Out Upstream Oil and Gas Finance
Today at the One Planet Summit the World Bank set a new bar for financial climate leadership by committing to end finance for oil and gas extraction and exploration projects.
Dirty Dozen Released: 12 Projects that Undermine the One Planet Summit and Put the Climate at Risk
The 12 projects contained in today’s new briefing are examples that demonstrate how public finance is still acting as a critical lifeline for destructive fossil fuel projects, many of which could not otherwise be built, and how this support continues to this day, a full year after the Paris Agreement entered into force.
Letter: 200+ Groups to G20 & Multilateral Development Banks – Stop Funding Fossils
Over 200 civil society groups released a letter calling on multilateral development banks, including the World Bank, and leaders of G20 governments to commit to phase out subsidies and public finance for fossil fuels as soon as possible.
Briefing: Dirty Dozen – How Public Finance Drives the Climate Crisis through Oil, Gas, and Coal Expansion
To have any hope of meeting globally-agreed climate goals, global financial flows must rapidly align with low-emission, climate-resilient development, and government-backed public finance institutions like the World Bank must signal this transition.