Biden’s Final Climate Test: Time for Bold Action on Fossil Fuels
What we need to see from the Biden Administration before Trump takes office.
Data Driven, People Powered.
At Oil Change International we work to expose the true costs of fossil fuels and facilitate a just transition to clean energy. Join us.
Latest from OCI
COP29 Dispatch: The biggest stories from week 1
The first week of the UN climate negotiations just wrapped up in Azerbaijan. Our team on the ground has been working hard to push back against industry spin and pressure rich countries to pay up. Here are the highlights.
COP29 Explainer: Why we can’t rely on the private sector to finance the energy transition
Our new analysis shows many governments and finance models overstate the role the private sector can play in financing a just energy transition. This is coming to a head with the deadline for a new climate finance goal (NCQG) at COP29, where rich countries are using this outdated myth to try to get off the hook to pay their fair share for climate action.
Oil Change International Media Advisory – COP29 Day 10
As climate finance negotiators push for a breakthrough in Baku during COP29's tenth day, the urgency for action has never been clearer—with 2024 on track to be the hottest year on record.
Oil Change International Media Advisory – COP29 Day 8
As COP29 enters its second week in Baku, a parallel opportunity for climate finance leadership emerges in Paris, where OECD governments will gather to negotiate an end to $41 billion in annual oil and gas export subsidies.
Oil Change International Media Advisory – COP29 Day 6
As COP29 enters its sixth day, negotiators release the latest draft text for the new climate finance goal (NCQG). A critical opportunity emerges to secure real climate action through public grants rather than problematic private finance schemes.
Shifting And Unlocking Trillions For A Just Energy Transition At COP29
Last year at COP28, governments committed to transition away from fossil fuels. The next key step to make good on this landmark energy agreement is rich countries agreeing to a new climate finance goal of at least $1 trillion annually to make this possible. This will allow countries to deliver national climate plans (NDCs) due in 2025 that phase out fossil fuels.
Empty Promises: Oil & Gas Decarbonization Charter masks massive fossil fuel expansion in 2024
Big oil and gas companies’ voluntary “Decarbonization Charter,” launched at COP28, is a dangerous distraction from the urgent need to rapidly phase out fossil fuels. New data shows Charter members have approved massive oil and gas expansion plans since signing on.
We Can Pay For It
There is no shortage of public money available for rich countries to pay their fair share on fair terms for climate action at home and abroad. They can mobilize over USD 5.3 trillion per year for the new climate finance target at COP29, international development needs, ensuring fair fossil fuel phase out in their NDCs, and other public goods.
Featured Publication
Funding Failure: Carbon Capture and Fossil Hydrogen Subsidies Exposed
Our new briefing reveals how governments in North America and Europe are preparing to waste hundreds of billions of taxpayer dollars on these ineffective technologies, further benefiting the fossil fuel industry, despite their record profits.
Read more
What we do
At Oil Change International, we create the conditions necessary for a just and equitable fossil-free world through our work to support movements, stop fossil fuel projects, and hold governments and institutions accountable for rapidly phasing out oil, gas, and coal.
Transform the institutional landscape to enable just phase-out policies
We work to advance and expand government policies to end fossil fuel production while also shifting public finance and subsidies away from fossil fuels and into a just energy transition.
Challenge the fossil fuel industry and its enablers
The fossil fuel industry thrives on misinformation — we work to combat that misinformation, strengthen the case against false solutions, and support movement and partner coordination pushing back against oil and gas companies.
Support frontline campaigns to stop fossil fuel projects
The fight for a just transition relies on strong partnerships, networks, and geographically rooted work challenging fossil fuels projects. We work to support the goals of frontline partners and help stop fossil fuel projects from being built.
Data Deep Dive
The Fossil Math
Fossil fuel companies have already greenlit enough fossil fuel extraction to overheat the planet. For a livable climate, governments must: stop new oil, gas, and coal; manage a fast and fair phase-out of all fossil fuels; and fully fund a just renewable energy transition.
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By the numbers:
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51 %
Of planned expansion by 5 countries
The majority of global oil and gas expansion from 2023 through 2050 is threatened by just five Global North countries: the United States, Canada, Australia, Norway, and the UK.
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1.4 times
More money for fossil fuels than clean
G20 governments and development banks poured 1.4 times more public money into fossil fuels than clean energy with their international finance from 2020 to 2022.
Take action
Tell OECD countries to stop propping up the oil and gas industry with public money
Governments who are part of the Organisation for Economic Co-operation and Development (OECD) group of wealthy countries have an opportunity to start shifting USD $41 billion per year of public finance out of fossil fuels and into clean energy. We need these OECD countries to rewrite the rules to end export finance for new oil and gas projects.
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