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.
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Report: USD 1.4 trillion fossil fuel buildout jeopardizes Africa’s economies, climate, and communities
New analysis details why a just energy transition in Africa requires an end to new oil, gas, and coal extraction projects
Secretive hedge funds investing in oil are now “reaping huge profits” as prices surge
As churches, colleges and companies increasingly pull out from investing in oil and gas, under pressure from the climate movement, secretive hedge funds are betting on climate chaos, planning on making millions of dollars in the process.
Climate Change: UK Prime Minister says youth “right to be angry,” but still drills for more oil
With weeks left until the crucial COP26 climate Conference, which is going to be held in Scotland, the bare-faced climate hypocrisy of the hosts, the British Government, is all too obvious to see.
Asia Gas Factsheet #1: The Climate Case Against Gas Expansion
This impending buildout of new gas infrastructure poses one of the greatest threats to meeting the goals of the Paris Agreement. Instead of forming a bridge — as gas proponents claim — gas expansion builds a wall against the clean energy future we need.
Reaction: Ways & Means draft legislation omits crucial fossil fuel subsidy removal provisions
“We urge Congress to end fossil fuel subsidies, and we expect Leader Schumer and Chairman Wyden to stand by their promises to end dirty subsidies to oil, gas, and coal,” said Collin Rees of Oil Change.
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 Export Development Canada’s new climate targets
Today, Canada’s export bank, Export Development Canada (EDC), released new climate targets.
Over 500 Groups Call on Congress to End Fossil Fuel Subsidies with Letter, Rally, Petitions in Week of Action
Over 500 organizations, including a wide range of health, faith, environmental, and other groups across the United States released a letter today calling on Congressional leadership to eliminate the fossil fuel subsidies embedded in the U.S. tax code.
Letter: 500+ Groups Urge U.S. Congress to End Fossil Fuel Subsidies
Over 500 groups released an open letter being sent to U.S. House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer, urging them to end fossil fuel subsidies.