Read the latest insights and analysis from the experts at Oil Change International.
A new Oil Change International report shows that, if Germany is truly committed to being a leader in meeting the goals of the Paris Agreement, it must lead the way with a rapid phaseout of fossil fuel production and finance.
Today, Sens. Merkley (D-OR) and Sanders (I-VT) launched a bill that takes a huge step toward aligning government policy with what climate science tells us is necessary – a transition to a 100% carbon-free economy, as soon as possible.
Guess who’s responsible for about half of all the oil that will be produced in the United States? You! That's according to a new study, which shows that 45 percent of US oil production depends on government handouts to make it profitable. Yes, your money is sponsoring pollution and lining the pockets of oil companies.
We must assume success in achieving our climate safety objectives, and work from that assumption when assessing proposed fossil fuel projects. We must apply the climate test.
On Monday, President Obama and Secretary Kerry are going to Alaska. Their main goal (as we talked about here) is to see the front lines of climate change first hand. Yet at the same time, in the same region, Royal Dutch Shell is now powering ahead with its newly approved summer 2015 drilling season.
Would you take it seriously if tobacco companies announced that smoking trends weren’t expected to change much over the next 30 years? And imagine then, that this is what governments used to make tobacco policy: “Forecasts show that people aren’t going to quit smoking, steady rates of smoking around the world are inevitable, so all anti-smoking policies will assume not much is going to change.”
In spite of a heightened institutional focus on combating climate change, the World Bank increased its lending for fossil fuels over the last year. Meanwhile, the World Bank also has a ways to go in terms of tackling its objective of supporting universal access to energy, as only 8 percent of the Bank’s energy portfolio last year targeted the world’s poorest.
The new IPCC report shows that we must keep roughly 80-to-95% of proven reserves of fossil fuels in the ground if we want a decent shot at avoiding catastrophe.
