As the UN climate talks are well underway, fossil fuel phase out and an agreement to triple renewable energy and double energy efficiency are top of the agenda. Today, ahead of finance day, transforming public finance institutions to free up billions of dollars that are available to pay for the just transition is also entering the conversation – as 200+ civil society groups today call on world leaders to use COP28 to overhaul global monetary, trade, tax, and debt rules, as well as international financial institutions like the World Bank and International Monetary Fund.Â
Press Release
REPORT: Cheniere Energyâs Cargo Emissions Tags Undercount the Real Impact of American Gas Exports
A new report released today by Oil Change International and Greenpeace USA finds that Cheniereâs new lifecycle emissions tags appear to be pinned to a misleading methane emissions analysis that woefully undercounts actual leakage volumes.
Response to Mountain Valley Pipeline on Greenhouse Gas Emissions Analysis Filed in FERC Docket
Response defends original analysis, confirms enormous impact of the MVP project, and highlights the many false assumptions that have caused FERC to ignore gas pipeline GHGs.
More than 150 civil society organisations urge IEA to put 1.5ÂșC first in the 2021 World Energy Outlook
Today, Oil Change International and over 150 other civil society organisations from all over the world sent an open letter to International Energy Agency (IEA) director Dr. Fatih Birol, urging him to center 1.5 degrees Celsius (ÂșC) in the 2021 World Energy Outlook (WEO). The IEA is due to release the WEO in one month, on October 13, 2021.
Central Banks Still Fueling Climate Crisis: New Report
Twelve of the largest central banks around the globe continue to support climate chaos-causing fossil fuels through policy and direct finance, a new report released today finds. Ahead of an annual convening of central bankers in Jackson Hole, Wyoming later this week, the analysis strikes a critical contrast to promises in recent months by the same central banks to align their operations with climate goals.
Civil society organizations react to World Bank Climate Change Action Planâs failure to end finance for fossil fuels
The plan leaves the door open for new gas finance and keeps existing loopholes for continued support for all fossil fuels.
Response to API meeting at the White House
API is not to be trusted when it comes to climate and energy policy. They have stood in the way of climate action for decades, and continue to spout myths in order to protect the bottom lines of its Big Oil and Gas members.
Release: CSOs call on G7 Leaders to stop pushing fossils
Today, 353 organizations from 58 countries released a letter calling on G7 leaders to stop financing fossil fuels; cancel debt payments in global South countries grappling with COVID-19 and climate impacts and pay their fair share of climate finance to global South countries for climate adaptation among other demands.
IEAâs first 1.5°C-aligned scenario bolsters call for no new fossil fuel extraction
The IEA’s new 1.5°C-aligned scenario finds âno need for investment in new fossil fuel supply.â This represents a break from past IEA reports that boosted new oil and gas development by focusing on scenarios that steered the world towards catastrophic levels of warming. This is a big step in the right direction.
Oil Change International reacts to initial Climate Summit statements
True climate leadership requires a full reckoning with the realities of whatâs driving our climate crisis: fossil fuels. Without a robust plan from rich countries in particular to ramp down fossil fuel production and ramp up support for communities for a just transition to a renewable energy economy, any conversation about âclimate leadershipâ is incomplete at best, or misleading at worst.