Read the latest insights and analysis from the experts at Oil Change International.
António Guterres, the Secretary-General of the United Nations, opened this year's climate change talks with a rousing speech, stating: “Do we really want to be remembered as the generation that buried its head in the sand, that fiddled while the planet burned?”
"There is no sign of a slowdown, let alone a decline, in greenhouse gases concentration in the atmosphere despite all the commitments under the Paris Agreement on Climate Change".
In its 2019 World Energy Outlook, used by governments and investors all over the world to guide energy decisions, the International Energy Agency is still centering a trajectory heading towards climate breakdown.
Trump's actions may make Big Oil Executives richer in the short term, but they make all of us poorer in the long-term. In the meantime, the U.S. remains a land on fire, a land that cannot breathe. And a land being led by a fossil fool.
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.
For the IEA, real scenario reform will require more than risky emissions accounting tricks that punt the burden and costs of reducing emissions to future generations.
Affirming that “science is not negotiable” in the halls of a UN conference center and acting on that fact in one’s own policy decisions can be two different things. What counts for the climate is action to manage a rapid and just transition off of fossil fuels.
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.
No matter how much spin they put on it, Canada is heading for its Kodak-climate moment.
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.
