Blog

Read the latest insights and analysis from the experts at Oil Change International.

Is BlackRock announcement “beginning of the end for fossil-fuel system?”

"When the world’s largest asset manager, BlackRock places sustainability and climate risk at the center of its investment approach, and commits to stronger sustainability advocacy actions, it is game-changing for capital markets.”

Scarce Progress and Serious Disagreements: Another UN Climate Summit Draws to a Close

As yet another UN climate summit draws to a close without showing any real sense of urgency commensurate to our climate emergency, campaigners have criticised the UN process for being in a “parallel universe" and being riddled with conflicts.

Major victory as EIB ends fossil fuel financing by 2021: Other banks must now follow

Yesterday, the EIB announced it will end financing for fossil fuel energy projects from the end of 2021.

As Climate Rebellion Spreads, UK Gov. Risks “Carbon Blowout” By Investing in Gas

As Extinction Rebellion shuts down parts of London and other major citities, with ironic timing, the UK has approved four new gas-fired turbines against the advice of its own inspectors.

EIB’s Shareholders Must Adopt its Draft Policy & #StopFundingFossils

In these dark times, with daily doses of bad news of our growing climate emergency, we have to celebrate every climate victory we get. And last Friday there was one such victory.

The Climate Rebellion May Be Growing, but Big Oil Keeps on Drilling

Even though the science says we cannot carry on drilling, the oil industry capital investment over the next decade is forecast to rise over 85%, reaching over $1 trillion a year.

In the face of Trump, World Bank Board must stand firm on climate

Because they chose to accept David Malpass, Donald Trump's pick for the next World Bank president, the World Bank Group’s Board of Directors are responsible for moving aggressively him in if he attempts to drag the Bank backward on climate change. The Board must not let Malpass do the bidding of the oil and gas industry.

Oil Industry will Laugh with Joy if David Bernhardt Gets Top Interior Job

If Bernhardt gets the top job at the Interior Department, the oil boys don’t have to spend any money lobbying at all. They just pick up the phone and tell him to open up public lands for drilling. Big Oil will be laughing all the way to the bank..

As evidence of man-made global warming hits ‘gold standard’, Robert Mercer continues funding denialists

One of the world’s most secretive billionaires is still pouring millions into climate denial, despite scientists concluding we have reached the “gold standard” linking human activity to climate change.

OCI evidence to UK parliament inquiry on public finance for fossil fuels

Today Oil Change International gave evidence to the UK parliament's Environmental Audit Committee, to contribute to its inquiry into the use of UK Export Finance (UKEF) to support fossil fuel exports and investments.