UK windfall tax incentivizes oil drilling: a climate “wrecking ball”
The UK Government's windfall tax on oil companies, announced yesterday, will actually incentivise oil and gas drilling and "wreck" the UK's climate targets.
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Read the latest insights and analysis from the experts at Oil Change International.
Oil Change International submits evidence to the Environmental Audit Committee
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.
Shell AGM: Company accused of “hot air” and “causing extreme harms” on climate
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.
#StopJackdaw: Climate activists are trying to stop UK Gov from expanding oil and gas drilling
The COP Presidency, the UK, is set to approve dozens of new oil and gas fields. Today is a day of action to stop one new field, called Jackdaw. As I write, Stop Jackdaw is trending on Twitter. So if you want to help push for real climate action, please get on the social media platform and start tweeting.
Big Oil investors exploit energy crisis to make “obscene profits” whilst stalling climate action
In light of the war in Ukraine, shareholder actions on climate against Big Oil are faltering. One activist investors says: “The oil industry is really using the energy crisis as an excuse now to stall climate action.”
As killer heat spreads, scientists warn the window for securing 1.5 degrees is narrowing
Leading climate scientists have revealed that there is a “very strong likelihood” that one of the next five years will be the warmest on record and that the chance of at least one of the next five year’s exceeding 1.5°C is rapidly increasing.
As killer heat in Asia affects 1.5 billion people, UN warns heatwaves set to get worse
With the war in Ukraine dragging on into its second month, there is a relentless depressing news cycle. But as war dominates, other issues slip from the news agenda.
South Africa: Activists demand accelerating a just transition from fossil fuels after devastating flooding
After some of the most destructive flooding ever to hit South Africa last week, which resulted in over 400 killed and 40,000 displaced, climate activists are calling on the government to speed up the transition away from fossil fuels.
Evidence from America shows fracking in the UK will not be safe
Just as the U.S. oil and gas industry is looking to exploit the Ukraine war to expand exploitation of shale gas, so too is the European shale gas industry.
American LNG is not the answer to European gas crisis
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”.