COP28 President points again to 1.5ºC “North Star”, but UAE expansion plans still on the table

February 22, 2024By nicoleGlobal Policy, Press Releases No Comments

“Since COP28 in Dubai, both producers and importers of fossil fuels have a responsibility to accelerate the transition away from them.  While COP28 President Al Jaber is right to point out that fossil fuel demand needs to decline rapidly, this cannot be an excuse for the massive expansion of fossil fuels planned by his own company, ADNOC, and the five rich global north countries responsible for the majority of planned oil and gas expansion to 2050, led by the United States.”

Oil Change International response to IEA Ministerial communique

February 14, 2024By nicolePress Releases, Stop Funding Fossils No Comments

“Today’s commitment to make a finance roadmap to limit warming to 1.5°C and ensure a just energy transition is a welcome step, but in order to be useful, the IEA’s new research must continue with strong recommendations to immediately halt finance flowing to fossil fuels, and start recommending dramatically increased public finance on fair terms for renewable energy and energy efficiency.”

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

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.”