The Loopholes Lurking in BP’s New Climate Aims
It’s time for BP and all oil companies to stop hiding behind net-zero rhetoric and commit to immediate action on the scale of the crisis we’re in.
Read the latest insights and analysis from the experts at Oil Change International.
It’s time for BP and all oil companies to stop hiding behind net-zero rhetoric and commit to immediate action on the scale of the crisis we’re in.
If the EU Parliament is serious about the climate emergency, it must vote to reject the Projects of Common Interests (PCI).
The third and final installment in a series of blogs on the IEA's Special Report on gas and energy transitions. This blog discusses the IEA's analysis of methane leakage and its faith in carbon capture and storage.
The second in a series of blogs on the IEA's 2019 report on the role of gas in energy transitions. This part explores the climate risks inherent in the report's main policy prescription.
The IEA latest report on gas all but makes the case against gas as a "bridge fuel". But still finds a way to push for more of the controversial fuel.
“There is no regulatory framework for fracking that will keep the toxins out of air and water, or will protect the climate from carbon and methane releases. It can’t be done. It can’t be made safe. Like lead paint, we finally have to ban it."
For IEA scenario reform, the devil is in the details. The IEA must develop a 1.5°C scenario that is aligned with the goals of the Paris climate agreement and address the concerns of key WEO users. Anything less would be easy to discount as greenwashing or another example of the pro-fossil fuel bias at the IEA.
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.
When it comes to making decisions on expensive and complex energy infrastructure, investors, governments, and companies look decades into the future. Unfortunately for action on climate change, the IEA's World Energy Outlook has a strong status quo bias.
Gas is dirty, expensive, and unnecessary - so why is the fossil fuel industry calling it a 'bridge fuel'? Our new report unpacks and debunks the enduring myth that gas can form a 'bridge' to a safe climate.