Read the latest insights and analysis from the experts at Oil Change International.
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.
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.
Two prominent African environmentalists are pushing back against those advocating for more fossil fuel drilling on the continent. They argue that “far from generating prosperity and stability in sub-Saharan Africa, investments in fossil fuels cause real harm,” noting “Decades of fossil fuel development have failed to deliver energy to much of the continent" and "have deepened inequality, caused environmental damage, stoked corruption, and encouraged political repression.”
There are always those who will want to profit from war or the threat of war, as unscrupulous as it may seem. And for the American oil and gas industry there is no exception.
A new briefing released today by OCI reveals that over the last ten years Norway, which calls itself a climate leader, has become Europe’s “most aggressive explorer for new oil and gas.” It is climate hypocrisy..
Just weeks after hosting the COP26 summit, and despite still holding the COP Presidency, Boris Johnson’s government has given the go ahead for the Abigail oil and gas field off the east coast of Scotland.
Last year the world’s leading climate scientists, the IPCC, issued a “code red” for humanity and outlined how we had to stop oil and gas drilling if we wanted a liveable future. But still we drill. Take three countries who like to see themselves as climate leaders...
When the Beyond Oil and Gas Alliance members were unveiled yesterday, there was an obvious one missing: the COP host, the UK Government. To put it mildly this is a disgrace for a country that keeps trying to argue that it is leading the way on climate..
Scientists are warning that “large quantities of fossil fuel reserves and resources are likely to become ‘unburnable’ or stranded if countries around the world implement climate policies effectively". And up to half the world's fossil fuel assets could be stranded by the mid 2030s
La Banque Postale, which is a relatively small but progressive bank in France, has set an international precedent against oil and gas expansion. The bank, which was already committed to ensuring that its banking activities achieve net zero carbon emissions by 2040, announced a complete withdrawal from fossil fuels by the 2030. Will other banks now follow?
