Read the latest insights and analysis from the experts at Oil Change International.
Last year, we rated ExxonMobil as "grossly insufficient" on all ten of the criteria. There are tiny steps forward in the new announcement, but nothing that changes any of our ten metrics from "grossly insufficient" to "insufficient," let alone to even "partial alignment."
WEO 2020 is only a small step forward when the world needs a giant leap. Now the IEA has to finish the job and fix the WEO.
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.
The current crisis is a clear warning sign that, if governments leave the “when” and “how” of the end of oil and gas up to tumultuous markets, the outcome will not be good for either people or the planet.
People all over the world are facing unprecedented crises from COVID-19. These tragic impacts will be the deepest in the world’s most vulnerable communities, regions and countries. IEA director Dr. Fatih Birol has urged governments worldwide to place clean energy at the heart of stimulus. Here Dr. Birol is right - but making this clean energy call count with real ambition is critical if the IEA wants to shake its reputation as a shill for the fossil fuel sector.
Last week we released a report outlining why Denmark can’t be a climate leader if it expands North Sea oil and gas production as planned.
The European Investment Bank (EIB) is the world’s largest multilateral lender, bigger even than the World Bank. As a public bank, it’s tasked with providing finance in the EU public interest, and it has an outsized influence on the EU’s energy system because of the private investment it can “crowd in” and the sheer amount of money it has at its disposal.
In a landmark special report, the IPCC has today confirmed the urgency and importance of keeping us to 1.5ºC of warming.
For years it has been apparent that the days of the oil industry finding so-called “easy oil” are over. And in its desperate attempt to continue our fossil fuel addiction, the industry is either attempting to exploit unconventional oil, like shale or the tar sands, or explore in new frontier areas like the Arctic.
This methodology document was produced to support the findings of a series of briefings on fracked gas pipelines in the Appalachian Basin.
