“Historic moment” as BP writes-off billions of reserves as stranded assets
This is a big moment for Big Oil. Climate reality has finally caught up with BP’s corporate dreamland that it could carry on drilling forever.
Blog
Read the latest insights and analysis from the experts at Oil Change International.
COVID-19 Just Recovery: Instead of breaking the “climate-finance doom loop,” governments pour billions into fossil fuels
We have leading experts warning that trillions could be at stake as the fossil fuel industry suffers a terminal and structural decline, but all governments do is pour billions more away on fossil fuels in COVID-19 recovery plans. It is nonsensical. There should be no Big Oil & Gas bailout.
Countries need to phase out fossil fuels. Here’s how to do it fairly.
The COVID-19 pandemic has shaken up the global energy economy. Wealthy countries have scrambled to support their own fossil fuel industries. Meanwhile, poor countries are reeling. So what would a sustainable and just energy transition look like?
Spain to join group of first movers off oil and gas
Spain’s supply-side measures are an important signal that climate leadership needs to be defined by a willingness to address the root causes of fossil fuel lock-in.
Deep Dive: 5 reasons governments must act now to phase out oil and gas production
The current crisis is a clear warning sign that, if governments leave the “when” and “how” of the end of oil and gas up to tumultuous markets, the outcome will not be good for either people or the planet.
“Oil is dead”: Post COVID-19, there’s no way back for Canada’s tar sands
The Canadian Green Party's parliamentary leader, Elizabeth May, said last week: "My heart bleeds for people who believe the sector is going to come back. It's not. Oil is dead and for people in the sector, it's very important there be just transition funds."
Announcement from Oil Change International’s Board of Directors
After 15 years, Oil Change International (OCI) Founder and Executive Director Stephen Kretzmann has stepped down from his role as Executive Director. Stephen has long planned to leave in 2020.
OCI was built for this moment
I don’t want to be accused of burying the lead, so, FYI, today I’m officially announcing that I’ve stepped down as Executive Director of Oil Change International. More about that in a moment, but first, can we talk about this organization that I founded fifteen years ago?
Our Statement on the Ongoing COVID-19 Pandemic
We are in the midst of a global crisis. COVID-19 has put the health, livelihoods, homes, and safety of billions at risk. At Oil Change International we are reorienting our work at this critical time to respond to the needs of this moment.
The oil price in freefall once again shows the US economy is still “too reliant on oil”
What America needs is a comprehensive vision for energy security, one that goes beyond fossil fuel independence. This plan should entail sustained investment in alternative fuel sources and technologies… If the United States really wants to be energy independent, it must look toward preparing for a post-oil future.”