Blog

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

“Shockwaves” as Norway’s $1Trill wealth fund plans to disinvest from upstream oil

The beginning of the end of the age of oil moved a step closer today

Trump’s World Bank pick, David Malpass, Must Not Pass

President Trump has nominated David Malpass to be World Bank President If approved, Malpass would be a disaster for the World Bank – and the world. He’s not fit for this role and would drag the World Bank back to climate denial and inaction.

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.

Instead of Funding Fossil Fuels Overseas, UK Gov. Urged to Declare “Climate Emergency”

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.

Pressure on US Bank Mounts with Actions at Shareholder Meeting in Albuquerque

This month we took escalated our campaign and took the fight directly to US Bank’s Annual Shareholder Meeting in Albuquerque, where representatives from pipeline resistance groups from across the nation told their stories directly to US Bank executives.

Letter: 200+ Groups to G20 and Multilateral Development Banks – Stop Funding Fossils

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.

Expanding Subsidies for CO2-Enhanced Oil Recovery: A Net Loss for Communities, Taxpayers, and the Climate

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.

Even after Paris, World Bank continues to fund climate chaos

A new briefing shows that about one-quarter of multilateral development banks’ energy investments between fiscal years 2014 and 2016 flowed to fossil fuel infrastructure, directly at odds with efforts to fight climate change.

Canada Takes First Step to Cut Fossil Fuel Handouts – Thanks to People Power

The clean energy picture got a little bit brighter in Canada last week, after the 2017 budget started chipping away at the $1.6 billion in federal subsidies to oil and gas companies each year.