Blog

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

Momentum Grows to Stop Coal Finance, but Further Action is Critical

Two important actions were added to the growing list of recent global steps curbing public finance for coal. First, the European Bank for Reconstruction and Development (EBRD) joined the World Bank and European Investment Bank (EIB) in adopting a new Energy Strategy that significantly restricts support for coal power projects. As the second climate feat of the week, the U.S. government voted no on the Board of the Asian Development Bank (ADB) for a proposed coal power plant in Pakistan. However, even though the U.S. and several other countries voted no or abstained from supporting the Pakistan coal plant, the ADB board still had a simple majority, and therefore approved $900 million in funding for the 600 MW Jamshoro coal plant.

Time to #UnFrackCal – Californians say no to fracking

Last night, dozens of concerned Californians descended on the Oakland convention center for a "scoping meeting" regarding the California Division of Oil, Gas, and Geothermal Resources "environmental impact report" process that is kicking off to study the impacts of fracking in the state.

Fracking: “The concerns of the public are validated”

As the British government presses ahead with fracking, more evidence emerges from the US of serious air pollution issues, this time with the cancer-causing chemical, benzene.

Scientists Warn Arctic Oil is “Unburnable Carbon”

This is the scientific paper that should stop all Arctic drilling now. It should also stop the controversial Keystone XL pipeline. It is yet another warning that business as usual for the oil industry is just not acceptable.

“Rogue State” Canada “Running Out of Time” on KXL

The Reuters news agency is reporting that Canada is running out of time to offer President Barack Obama some kind of concession on climate change that might allow Obama to approve the controversial Keystone XL (KXL) pipeline

Tar Sands are a “Shaky Investment”

Based on a report by Carbon Tracker, Bloomberg labels the tar sands a "shaky investment"

“End corporate sponsorship of our arts institutions by genocidal corporations”

The Canadian Museum of Civilisation has announced it is “proud” to have struck a sponsorship deal with the tar sands lobby group, CAPP.

U.S. Oil Boom Undermines Keystone XL

Newly released documents suggest that the Canadians have been warned that America’s burgeoning oil boom could derail plans to build the KXL, as American oil is cleaner than dirty Canadian crude.

When in a Hole…

Yesterday, Oil Change International (OCI) published its great new interactive graphic that shows that fossil fuel reserves continue to grow, whereas the scientists are telling us that we can burn less and less carbon.

The Tar Sands Smoking Gun

According to a new scientific analysis, many tar sands wells are actually using more energy than they produce.