Blog

Read the latest insights and analysis from the experts at Oil Change International.

Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds

With the health and livelihoods of billions at risk from COVID-19, governments around the world are preparing historic levels of stimulus finance. Building a Just Recovery that avoids the worst of climate change means overhauling our public finance institutions fast.

G20 Energy Ministers Reaffirm Commitment to Fossil Gas, Compromising Paris Climate Commitment

As G20 energy ministers met in Argentina last week, the fossil gas agenda contradicted the stated commitment on climate of all but one member.

Letter: 200+ Groups to G20 and Multilateral Development Banks – Stop Funding Fossils

Over 200 civil society groups released a letter calling on multilateral development banks, including the World Bank, and leaders of G20 governments to commit to phase out subsidies and public finance for fossil fuels as soon as possible.

US Will Meet Paris Climate Commitments Without “Isolated” Trump

Donald Trump is so “isolated” or “irrelevant” on climate change that the US will meet or even exceed its Paris Agreement emission targets without him, according to former Vice-President, Al Gore.

Trump on “Direct Collision Course” With G20 Over Climate

As the G20 talks commence, the new international "Climate Pariah" Donald Trump is going to come under intense pressure from the G20 to reconsider pulling out of the Paris Climate agreement.

Canada Takes First Step to Cut Fossil Fuel Handouts – Thanks to People Power

The clean energy picture got a little bit brighter in Canada last week, after the 2017 budget started chipping away at the $1.6 billion in federal subsidies to oil and gas companies each year.

Will Merkel Stand up to Trump on Climate?

The German chancellor, Angela Merkel, has her first face to face meeting with President Trump tomorrow when she visits Washington.

On his first diplomatic outing, climate-denying Rex Tillerson got trolled

In his first outing as Secretary of State, former ExxonMobil CEO Rex Tillerson may have been quiet, but the world’s climate leaders were not. Ahead of the G20 meeting of foreign ministers, hosted by Germany in Bonn, German government officials didn’t mince words: “You can’t fight climate change by putting up barbed wire,” said Foreign Minister Sigmar Gabriel, a not-so-thinly veiled swipe at Rex Tillerson and Donald Trump’s climate denial, and the Trump Administration’s racist immigration policies.

Rex Tillerson Denies Oil and Gas Subsidies Exist, While Company Profits From Them

Today Rex Tillerson, under oath, denied the existence of fossil fuel subsidies. In fact, according to our new analysis ExxonMobil likely gets as much as $1 billion in subsidies each year.