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
FOR IMMEDIATE RELEASE November 8, 2022 Contacts: Makiko Arima — email@example.com (AEST) Susanne Wong — firstname.lastname@example.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
“We’re not in an energy crisis, we’re in a fossil fuel crisis” — advocates discuss fossil fuels at onset of COP27
“Make no mistake — the fossil gas agenda is a neocolonial agenda and patriarchal one. Fossil gas will not provide ‘energy security’ in Africa or anywhere else.” –Lorraine Chiponda
IEA confirms energy crisis is fossil fuel crisis and forecasts peak in gas
The International Energy Agency (IEA) released its 2022 World Energy Outlook (WEO), underscoring that accelerating investment in clean energy and efficiency, not new fossil fuels, is the answer to both climate and energy security crises. In a marked shift for the IEA, WEO 2022 essentially declares an end to the ‘golden age of gas,’ as a result of the current energy crisis cementing an economic case against gas expansion, on top of the clear climate case.
Shell’s Fossil Fuel Production: Still Pushing The World Towards Climate Chaos
Since May 2021, Shell has expressed interest to develop ten new oil and gas extraction assets, which could lock in additional CO2 pollution (325 million metric tonnes) two times greater than the Netherlands’ total CO2 emissions in 2021.
Release: Shell snubs climate case verdict and continues drilling for more
Despite the ongoing climate crisis, Shell continues to develop new oil and gas assets. Since the Dutch court ruling in May 2021, Shell has made definitive investments in 10 assets, which once burned will result in 325 million metric tonnes of CO2 emissions. Shell also co-owns more than 750 untapped oil and gas assets, which would amount to 4.3 billion metric tonnes of extra CO2 emissions, 30 times more than the total emissions from the Netherlands in 2021.
Environmental Leaders Sit-In on Capitol Hill to Protest Schumer/Manchin Permit Deal
A group of 13 environmental and community leaders are calling on the Senate to reject Senator Manchin’s proposal to undermine environmental and community review and fast-track oil, gas, coal and mining projects.
Release: New ‘permitting reform’ text from Sen. Joe Manchin would devastate communities, climate
“All Congress members should speak out publicly to stand with frontline communities and reject Joe Manchin’s dirty deal,” said Collin Rees.
People vs. Fossil Fuels Coalition Responds to Inflation Reduction Act; Demands Congress Strike Down Manchin’s Permitting Deal
“The Inflation Reduction Act has come at a tremendously high price that will be disproportionately paid by Black, Indigenous, family farming, people of the global majority, and working-class communities. We cannot afford additional giveaways to the fossil fuel industry in a deal that Democratic Leaders negotiated with Senator Manchin.”
Response: Biden’s announcements fall short of what’s needed — a declaration of climate emergency
“Biden’s climate legacy hangs in the balance — we need bold leadership, not tinkering around the edges. Declaring a climate emergency would make it clear that Biden views the climate crisis as an existential threat and unlock key powers to tackle climate change head-on and hasten a just transition to clean, renewable energy,” said Rees.