Secretive Treaty allows Big Oil to sue for hundreds of billions to stop fossil fuel phase out
It’s the Treaty you have never heard of. But it’s the one that could affect your future and your children’s future.
Read the latest insights and analysis from the experts at Oil Change International.
It’s the Treaty you have never heard of. But it’s the one that could affect your future and your children’s future.
The raft of new bold climate policies by Joe Biden has left the oil industry “stunned” with fossil fuel stocks “plunging” due to his actions.
Welcome to 2021, which we hope will be a year of transformative change and unstoppable momentum on climate change, culminating in COP26, the crucial climate conference in Scotland at the end of the year.
Before Saturday, it is simple. Boris should be brave. He should cancel overseas fossil fuel finance. But he should do more. To encourage others to do the above, he should also follow Denmark’s lead and cancel the next round of oil and gas licensing, and end all future exploration in the UK North Sea.
To do anything less than stopping all public money to fossil fuels dishonors the memory and sacrifices of Saro-Wiwa, the Ogoni 9, and countless others who have risked and lost their lives to defend their lands and communities.
You cannot be a climate leader and bankroll LNG expansion at the same time. And land defenders and climate organizers are getting ready to force an end to LNG if you don't do it yourself.
Decisions taken in response to the COVID-19 crisis today will lock in the world’s development patterns for decades. With policy decisions made on a daily basis, information about how public money is being spent can be hard to follow. That is why a consortium of 14 expert organizations came together to track energy-specific responses by G20 governments.
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.
A new report highlights how 35 leading global banks have provided a staggering USD $2.7 trillion to fossil fuel companies since the Paris Agreement in 2015.
Greta Thunberg told delegates at Davos that “Our house is still on fire. Your inaction is fueling the flames by the hour."