Oil Change International is horrified by Russia’s war against Ukraine. We strongly condemn Russia’s military aggression. Our heart goes out to the people of Ukraine and people across the region who continue their human rights, climate and social justice work in these dangerous circumstances, including in Russia.
As I write the dire threat of war once again hangs over Europe after the Russian President, Vladimir Putin, recognised the self-proclaimed republics in Luhansk and Donetsk in Eastern Ukraine and ordered his troops over the border.
Since the implementation of the Paris Agreement, G20 countries have provided at least USD 77 billion a year in finance for oil, gas, and coal projects.
Later today, the 538 members of the Electoral College will meet to determine who will be the next President of the US.
The news from over the weekend that President-elect Donald Trump is expected to nominate Rex Tillerson, the chairman and chief executive of Exxon, the world’s largest private oil company as Secretary of State, is a clear sign that we face an unprecedented battle against the environmental movement in the years to come.
As Europe gives Russia a week’s grace to reverse its military actions in Ukraine or face a new round of sanctions, the oil industry just carries on investing with Russia regardless.
Is it not time, with the threat of increasing political and economic instability and the growing risk of climate change, that we finally recognize the costs of fossil fuel dependency are too high?
As the West scrambles for a diplomatic solution to the crisis in Crimea, they know that as they try and negotiate with Russian President, Vladimir Putin, he holds one of the aces in the pack: Russian gas supplies to the west.
Much of the focus recently about the dangers of Arctic drilling has focused on Shell’s plans to drill off Alaska. But let’s not forget about the real and growing dangers to the Russian Arctic too. Once again it seems that the oil industry is not prepared for the risks of a spill and maybe operating … Read More
Late last week, the Russian President Vladimir Putin outlined plans to create “globally competitive conditions” to attract foreign investment in Russia’s largely unexplored Arctic. “Offshore fields – especially in the Arctic – are without any exaggeration our strategic reserve for the 21st century,” Putin told a meeting attended by the heads of Rosneft and Gazprom. … Read More