The president presented some encouraging words at Georgetown University today when he spoke about the urgent need to address America’s energy security. As he so often does, he correctly identified the problem the nation faces in continuing to rely on dirty forms of energy that pollute and cause climate change and particularly on oil, the … Read More
oil and gas subsidies
Join the International Call: World Bank, Free Us from Fossil Fuels
It’s time to shift international energy investments to support energy services that are clean, reliable, and sustainable, and honestly provide energy access for the poorest. You can help. The World Bank – an influential development bank that runs on taxpayer money – is currently updating its Energy Strategy that will guide its investments for the … Read More
We Can Win the Fight to Eliminate Dirty Fossil Fuel Subsidies
We are in this fight to win it for ourselves, our pocket books, our planet, and our kids and grand kids. And this is a fight. Despite the trillion in profits big oil and gas companies are making on the backs of American consumers, they came out swinging against President Obama’s second call in his … Read More
Push Back Against the Climate Deniers and End Fossil Fuel Subsidies
At the same time it appears that big oil and coal climate denial campaigns are successfully stifling climate action in Congress and the Obama Administration, a group of America’s top scientists stepped up to the plate on Tuesday and called on House and Senate leaders to “take a fresh look at climate change.” And none … Read More
What oil subsidies is Obama targeting?
Last night, The President once again proposed ending subsidies to the oil industry. As we’ve said before, this is a great idea, and should be supported in full. That said, although we haven’t seen details, it’s quite unlikely that the Administration is proposing to eliminate all these subsidies. First, there is an important difference from … Read More
“Clean” Obama Versus Newt King Coal?
So we have been here before. A year ago Obama called for the ending of fossil fuel subsidies in his state of the Union address. Since then we have had two significant events: the Gulf oil spill, that you would have thought would have made it easier for politicians to stop subsidising oil companies. Then … Read More
Report: G20 Fossil Fuel Subsidy Phase Out
G20 Fossil-Fuel Subsidy Phase Out: A review of current gaps and needed changes to achieve success Oil Change International & Earth Track November 2010 Download the full report, G20 Fossil-Fuel Subsidy Phase Out (PDF) The Economist: “Green view: How to save $300 billion,” November 12, 2010. Financial Times: Alan Beattie, “G20 countries accused of fossil … Read More
Universal energy access stressed at UN
Yesterday, UN Secretary-General Ban Ki-moon stressed the importance of making energy available to the poor as a foundation for combating poverty as world leaders gathered in New York this week at the Millennium Development Goal Summit. At a high-level event yesterday, the Secretary General said that it is lack of political will that is keeping … Read More
“Trillions” to defend oil supply
Since the 1973 Arab oil embargo, successive US administrations have equated national security with access to, and control of, oil – particularly in the Persian Gulf, which holds two-thirds of global oil reserves. In other words, as long as we need oil, we need the Persian Gulf. Faced with this unpleasant fact, every President since … Read More
NWF Attack Oil Industry’s “Assault on America”
Yesterday Shell waded into the Deepwater fall-out by defending deep-water drilling. Peter Voser, Shell chief executive, argued that deep-water drilling still had an important role to play in global energy supply. “We have got growth potential there”. But what cost is this growth? Even the industry’s own trade magazines are questioning the business as usual … Read More