Read the latest insights and analysis from the experts at Oil Change International.
Barely is the ink dry on the IEA’s report which called for no new oil and gas development, and yet today, the UK Government gave the go-ahead to the huge Rosebank oil field, which is seen as the UK’s last untapped oil field.
When you are in a hole, the first step is to stop digging. New data shows the majority of the fossil fuel reserves within active fields and mines must stay in the ground to maintain a liveable climate.
At the beginning of 2000s, as concerns about climate change grew, some of the biggest oil companies began to modify their climate change public relations strategies.
As leading climate scientists watch the devastating, breakneck speed of unfolding climate disasters unfolding across the globe – from record soaring temperatures to catastrophic flooding – many are aghast at how rapidly their worst predictions are being now being played out in real-time.
Yesterday, the message from the world’s leading climate scientists was their most brutal and stark yet. It was unequivocal.
In one of his most controversial decisions so far, President Biden yesterday approved the Willow oil and gas mega-project on the Alaskan North Slope.
This morning in the luxurious Plaza Hotel in Brussels, many of the world top oil firms assembled for a conference on “Go Net Zero Energy.” But newly released internal documents reveal that Big Oil messaging on climate change and net zero are based on spin and "deception".
Last week, a new scientific report was published looking at climate tipping points. As one of the authors notes: “The world is heading towards 2-3C of global warming. This sets Earth on course to cross multiple dangerous tipping points that will be disastrous for people across the world".
A new academic paper outlines why gas is not a so-called bridge fuel to a zero emission future. The scientists conclude that “a fossil fuel with a high climate impact, often hidden under a misleading narrative, which hinders decarbonization via infrastructure expansion, and so creates carbon lock-in effects and bears high economic risk, cannot be a solution towards a zero-emission future.”
If completed, EACOP will pose significant risks to millions of people; jeopardize vital, internationally recognized ecosystems; and, at peak production, generate annual carbon emissions roughly equivalent to the carbon footprint of nine coal-fired power plants.
