In a new paper published today, Oil Change International (OCI) and Reclaim Finance analyze the shortcomings of the climate scenarios published by the NGFS and highlight the risk that they may be used to justify slow and inadequate climate action by financial actors.
scenarios
“Grand Coalitions” with Big Oil and Gas Won’t Solve the Climate CrisisÂ
The IEA is embarking on a public relations effort that bears a striking resemblance to the spin coming from the oil and gas industry itself. This post takes a closer look at the IEA’s new spin, and why it’s a dangerous distraction from real solutions.
Shell on Earth: Why Shell Fails on Climate
Shell’s claims to be a climate leader do not stand up to scrutiny
RELEASE: International Energy Agency is holding governments back on climate policy
Through its energy forecasts, the International Energy Agency (IEA) has been guiding governments towards energy decisions that are inconsistent with the goals of the Paris Climate Agreement, new research has found.
Shell Game: What Shell Gets Wrong in Its New Climate Report
On Monday, Shell released a new report describing how the world might achieve the Paris goals. The report described a scenario called “Sky,” painting a picture of a possible future. It’s a future full of fossil fuels: in 2050, it has oil, gas and coal use at respectively 88%, 93%, and 62% of their current … Read More
Statement: Shell’s New “Climate” Scenario Is Good for Shell, Bad for Humanity
Today, Shell released a new scenario which outlines a possible energy future for the world involving massive negative emissions. In response, Greg Muttitt commented, “The lesson is simple: If you want to know how to fix climate change, don’t ask a company that wants to sell you more oil and gas.”
International Energy Agency Undermining Governments’ Climate Goals
The IEA is steering the energy system towards catastrophic levels of warming. It continues to promote an energy future headed for around 3 degrees of warming, and acts as if the Paris Agreement never happened