Read the latest insights and analysis from the experts at Oil Change International.
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.
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".
One of the leading trade associations promoting fracking in the U.S. sees Putin’s war in Ukraine as a flagrant opportunity to sell more LNG gas. And lots of it. They are calling on the U.S. to “unleash American energy’s strength and security”.
There are always those who will want to profit from war or the threat of war, as unscrupulous as it may seem. And for the American oil and gas industry there is no exception.
Just weeks after hosting the COP26 summit, and despite still holding the COP Presidency, Boris Johnson’s government has given the go ahead for the Abigail oil and gas field off the east coast of Scotland.
ExxonMobil is a company that for decades has done more than any other to spread climate denial. But now the climate laggard wants you to believe it is becoming a climate champion.
Scientists are warning that “large quantities of fossil fuel reserves and resources are likely to become ‘unburnable’ or stranded if countries around the world implement climate policies effectively". And up to half the world's fossil fuel assets could be stranded by the mid 2030s
The Parliament election in Norway, Europe’s largest oil and gas producer, ended up securing support for a shift in Government, from today's Conservative-coalition government to a Labour-coalition government. Talks and negotiations are happening over the next weeks, and one of the biggest issues is the future of the Norwegian oil and gas industry. Will Norway's new government pass a more restrictive oil and gas policy?
The IEA has consistently boosted new oil and gas development. Now it's backing up the global call to stop the expansion of fossil fuel extraction.
