Read the latest insights and analysis from the experts at Oil Change International.
“Kimiko’s courage and leadership in undertaking pathbreaking actions to influence Japan and address the climate crisis are an inspiration,” said Susanne Wong, senior campaigner with Oil Change International and facilitator of the No Coal Japan coalition.
The oil industry maybe dying, but it will still pollute us for decades after its death.
A new analysis from Bailoutwatch concludes that "fossil fuel companies participated in the government’s Paycheck Protection Program to bail out small businesses at far higher rates than companies in other key sectors".
Even before the current COVID-19 crisis, coal was in trouble due to its high carbon content, coupled with high costs. But COVID-19 is accelerating that decline. And once coal is gone, it is not coming back.
For years, coal lobbyists have been saying we needed the dirty fossil fuel for when the wind didn’t blow or the sun didn’t shine. We always knew that was a lie. For years, Donald Trump tried to prop up a dying industry. And now the market has proved them both wrong. And there will be no going back.
Some 30 young South Koreans are suing their Government, claiming that their parliament’s “recent revision to the nation’s climate-change law doesn’t go far enough to protect their future.”
According to the Financial Times "Around $900bn – or one-third of the current value of big oil and gas companies – would evaporate if governments more aggressively attempted to restrict the rise in temperatures to 1.5C above pre-industrial levels for the rest of this century.”
The IEA is embarking on a public relations effort that bears a striking resemblance to the spin coming from the oil and gas industry itself. This post takes a closer look at the IEA’s new spin, and why it's a dangerous distraction from real solutions.
How many fires will it take, how many deaths will it take, how many sick struggling to breathe or unclog their lungs from the toxic smoke, before Australian Prime Minister Scott Morrison stands up to the fossil fuel lobby and instead stands for the people who elected him?
Try as he might, Trump cannot stop the slow death march of coal towards the history books, in the US, at least. We are shutting down the fossil fuel industry, one coal plant at a time.
