Guess who’s responsible for about half of all the oil that will be produced in the United States? You!
That’s according to a new study, which shows that 45 percent of US oil production depends on government handouts to make it profitable. Yes, your money is sponsoring pollution and lining the pockets of oil companies.
United States
Infographic: Gov’ts Funding Fossils over Climate Finance
A handful of wealthy countries are still funding fossil fuels instead of climate action, giving 3.6 times more public money to prop up fossil fuels than they’re giving to developing countries to address climate change.
New #COP21 Analysis: Start funding climate action, stop funding climate chaos
New analysis released today at the COP21 climate negotiations reveals that G7 countries along with Australia spend 40 times more on support for fossil fuel production than they do in contributions to the Green Climate Fund.
Analysis: Rich Nations Driving Global Coal Expansion
A new analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
Japan Urged To Stop Financing Coal ahead of Obama-Abe Summit
Today, over 30 groups from around the world, including Oil Change International, sent an open letter to Japanese Prime Minister Shinzo Abe ahead of his meeting with U.S. President Barack Obama on April 24th urging Japan to follow the United States and other countries’ pledges to stop financing coal overseas.