Read the latest insights and analysis from the experts at Oil Change International.
Today is Shell’s AGM, where the company will try and spin to its shareholders and the wider public that it is leading the climate fight and race to net zero. But its all a climate charade. Its all a lie.
The godfather of climate science, Dr James Hansen and fourteen environmental groups have called on the UK Government to “resolutely reject” the proposals to drill for oil and gas in the new Cambo field, which is west of Shetland, just months before the UK hosts the crucial COP 26 climate talks.
A new report, published today by UNEP and other environmental groups, outlines the “Production Gap”, the discrepancy between countries’ planned fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C.
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 European Investment Bank (EIB) is the world’s largest multilateral lender, bigger even than the World Bank. As a public bank, it’s tasked with providing finance in the EU public interest, and it has an outsized influence on the EU’s energy system because of the private investment it can “crowd in” and the sheer amount of money it has at its disposal.
