Read the latest insights and analysis from the experts at Oil Change International.
Tomorrow Greg Muttitt, the Research Director at Oil Change International will give evidence to the UK’s parliamentary Environmental Audit Committee, which is investigating the scale and impact of UK Export Finance’s financing of fossil fuels in developing countries.
A new study released today by Oil Change International and 17 partner organizations makes it clear that managing a rapid and equitable decline of U.S. fossil fuel production must be a core component of any comprehensive climate policy.
Anyone new walking into a climate conference would be shocked at how simple words get argued upon for hours with the climate wreckers’ simple task of trying to increase the uncertainty of the science in the text or reduce the urgency of our coming climate catastrophe.
Days after Justin Trudeau blew an estimated $15 billion of hard earnt Canadian tax payers money on Kinder Morgan’s Trans Mountain pipeline, scientists are warning just how financially and ecologically stupid and short-sighted the investment was.
President Trump’s proposed $4.4 trillion budget, unveiled yesterday, has been widely criticised by media commentators, politicians and civil society groups for vastly increasing military spending and proposing deep cuts to domestic programs such environmental protection and Medicare as well as foreign aid programs.
A study published today, by a group led by the International Institute for Applied Systems Analysis (IIASA), indicates that eliminating fossil fuel subsidies could curb global greenhouse gas emissions by as much as 5% through 2030 while saving hundreds of billions of dollars in public money. Despite this seemingly good news, the framing of the study was strangely downbeat, casting these reductions as “only a small effect on CO2 emissions.” What we know from reading the actual findings of this study, as well as several other analyses of the climate impacts of fossil fuel subsidy removal, is that nixing oil, gas, and coal subsidies would be a big win for the climate, would saves money, and could free up resources to help the poorest and most vulnerable.
One year into Donald Trump’s presidency and the chaotic vortex is as dysfunctional as ever.
Over 200 civil society groups released a letter calling on multilateral development banks, including the World Bank, and leaders of G20 governments to commit to phase out subsidies and public finance for fossil fuels as soon as possible.
Communities in Houston, Florida, Louisiana, Puerto Rico, and California are just beginning the long road to recovery from disasters made worse by climate change. It would seem downright irresponsible to increase taxpayer handouts to spur fossil fuel production at a time like this. But that’s exactly what’s being proposed in Washington.
The former Federal Emergency Management Agency chief, Craig Fugate, has told the Trump Administration “You have to look at climate change science if you want smarter disaster relief.”
