Secretive Treaty allows Big Oil to sue for hundreds of billions to stop fossil fuel phase out
It’s the Treaty you have never heard of. But it’s the one that could affect your future and your children’s future.
Blog
Read the latest insights and analysis from the experts at Oil Change International.
One in five deaths worldwide linked to fossil fuels in 2018
A new scientific study has concluded that in 2018, pollution linked to the burning of fossil fuels killed nearly nine million people that year. In perspective that's one in five people who died globally in 2018.
As Big Oil loses $70 billion in 2020, it faces a credit risk downgrade.
As Big Oil loses billions, the global ratings agency, S&P has announced it was placing ExxonMobil, Chevron, Shell and Total on a so-called “credit watch”.
Non-Aligned: As Big Oil spews climate denial, oil workers want to “switch to renewables”
Whereas Big Oil bosses still continue a strategy of climate denial, the majority of oil workers would switch to jobs in the renewable industry.
“Bold, not incremental” post-COVID-19 action on climate is urgently required from IEA
A letter from leading businesses, scientists and activists demands “bold, not incremental, action" is required from the International Energy Agency on climate change. Hopefully, Dr. Birol and the IEA are listening. For all our futures may depend on their report next month.
The oil price in freefall once again shows the US economy is still “too reliant on oil”
What America needs is a comprehensive vision for energy security, one that goes beyond fossil fuel independence. This plan should entail sustained investment in alternative fuel sources and technologies… If the United States really wants to be energy independent, it must look toward preparing for a post-oil future.”
“Fossil fuels have lost. The rest of the world just doesn’t know it yet”
“Fossil fuels have lost,” argues Eddie O’Connor, chief executive of Irelands’s Mainstream Renewable Power company, before adding: “The rest of the world just doesn’t know it yet.”
The Beginning of the End of the Tar Sands?
It’s a small simple chart which has a huge significance for Canada and the climate.
Bankers Warn Oil is “Unburnable Carbon”
A report from HSBC suggests BP, Shell and Norway’s Statoil could lose some 40 and 60 per cent of their market value if “unburnable carbon” scenarios are put in place.
