This new analysis, an update to the data in our landmark Sky’s Limit series, finds that the majority of the fossil fuel reserves within active fields and mines must now stay in the ground. Using updated 2023 data, the proportion of coal, oil, and gas reserves that must remain unextracted to meet the 1.5°C limit has increased from nearly 40% in 2018 to almost 60% in 2023.
The Sky’s Limit Africa assesses fossil fuel industry plans to sink USD $230 billion into the development of new extraction projects in Africa in the next decade — and USD $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and that they are at risk of becoming stranded assets that leave behind unfunded clean-up, shortfalls of government revenue, and overnight job losses.
New analysis details why a just energy transition in Africa requires an end to new oil, gas, and coal extraction projects
Jacinda Ardern has drawn global praise for her response to COVID-19. Now it’s time for her Government to show radical far-reaching action on climate change. Show the world what a true Just Transition looks like.
Today, California Governor Gavin Newsom announced new steps to restrict dangerous drilling practices and improve protections for communities close to oil and gas extraction.
A new study released by Oil Change International examines the role of Danish oil and gas production in a Paris-aligned global carbon budget. The report confirms that while Denmark has positioned itself as a global climate leader, its plans to expand North Sea oil and fossil gas extraction would undermine its record of climate action and would be incompatible with achieving its Paris climate commitments.
This new report reveals, for the first time, the climate impact of North Sea oil and gas extraction, and shows the way to a job-creating energy transition. To deal with the climate emergency, the UK needs to immediately stop approving new oil and gas drilling and redirect support to clean jobs and renewable energy.
At precisely the time in which the world must begin rapidly decarbonizing to avoid runaway climate disaster, the United States is moving further and faster than any other country to expand oil and gas extraction.
We must wind down the largest source of carbon emissions – the oil, gas, and coal extracted by the fossil fuel industry – to achieve the deep cuts in carbon emissions that the IPCC report warns are necessary.
Oil Change International’s Greg Muttitt gives evidence to Ireland’s parliamentary committee reviewing the Bill to ban new oil and gas exploration.