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.”

New report reveals Norwegian Oil Fund as Europe’s largest institutional investor in coal despite claiming to be a global climate leader

April 26, 2023By OCI TeamGlobal Policy, Press Releases

A new report by ActionAid Denmark, Urgewald, Oil Change International, Greenpeace Norway, the Norwegian Forum for Development and Environment and Future in our hands, has exposed the truth behind the Norwegian Oil Fund’s commitment to exit coal, revealing the fund still has billions of US dollars invested in the polluting industry, making it Europe’s largest institutional investor in coal. 

Response: The UK’s decision to lift its fracking ban flies in the face of climate science and will not solve its energy crisis

September 8, 2022By nicoleEnergy Transitions & Futures, Global Policy, Press Releases

Contacts Nicole Rodel: nicole [at] priceofoil.org Silje Lundberg: silje [at] priceofoil.org Today, Prime Minister Liz Truss announced the reversal of the UK’s fracking ban, despite advice from the government’s own advisors that such a move will not help lower energy bills or support long-term energy security. The decision to remove the moratorium on fracking, which … Read More