Read the latest insights and analysis from the experts at Oil Change International.
The UK House of Commons Environmental Audit Committee have launched a inquiry into Accelerating the transition from fossil fuels and securing energy supplies, which is scrutinising the UK Government’s Energy Security Strategy and its North Sea Transition Deal (for oil and gas production in the UK’s Continental Shelf). Oil Change International submitted the following evidence for the committee.
Increased recognition from governments, institutions, and even parts of the financial sector of the role of fossil fuels in climate change represents a sea change from where we were even just a few years ago. The importance of phasing out oil and gas are now featured in climate policy discussions across all sectors.
New research, published in Nature Climate Change, has found “an almost complete loss of stability over the last century” of the ocean currents known as AMOC or more commonly the Gulf Stream. The currents are already at their slowest point for 1,600 years. But scientists worry that AMOC could be reaching a tipping point, leading to a total collapse.
A draft report from the Intergovernmental Panel on Climate Change (IPCC) states: "The worst is yet to come, affecting our children's and grandchildren's lives much more than our own." It reiterates that we have to act now to avoid runaway climate change.
A toolbox isn’t very helpful if even the best tool in it only gets you halfway to the repair you need to make. As the IEA prepares a special report on economic recovery, it must close its own climate credibility gap.
In its 2019 World Energy Outlook, used by governments and investors all over the world to guide energy decisions, the International Energy Agency is still centering a trajectory heading towards climate breakdown.
When it comes to the urgent need for a robust, central, 1.5°C-aligned energy scenario that doesn’t gamble our future on unproven technologies, the IEA unfortunately presents far more spin than substance.
Today’s release of the World Energy Outlook (WEO) 2018 marked another missed opportunity for the International Energy Agency (IEA) to provide a roadmap to Paris success.
We must wind down the largest source of carbon emissions – the oil, gas, and coal extracted by the fossil fuel industry – to achieve the deep cuts in carbon emissions that the IPCC report warns are necessary.
In a landmark special report, the IPCC has today confirmed the urgency and importance of keeping us to 1.5ºC of warming.
