Blog

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

Production Gap Report: Governments must act now to wind down fossil fuels

A new report, published today by UNEP and other environmental groups, outlines the “Production Gap”, the discrepancy between countries’ planned fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C.

John Horgan: You cannot bankroll LNG and be a climate leader. It’s that simple.

You cannot be a climate leader and bankroll LNG expansion at the same time. And land defenders and climate organizers are getting ready to force an end to LNG if you don't do it yourself.

Fossil fuel lobbyists are “dominating climate policy battles during COVID-19”

The political system is broken. There may be tens of millions people demanding a just transition, but we live in a system of embedded cronyism, that rewards people closest to those in power.

As the Arctic burns, Trump bailouts fossil fuel industry with billions

The burning, melting, warming Arctic is clearly a sign that something is wrong and we need to stop investing in fossil fuels now.

“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.

COVID-19 crisis accelerating “long-term decline of coal”

Even before the current COVID-19 crisis, coal was in trouble due to its high carbon content, coupled with high costs. But COVID-19 is accelerating that decline. And once coal is gone, it is not coming back.

Export Development Canada’s new climate targets miss the mark

Export Development Canada (EDC), Canada’s government-backed export credit agency, has long been one of the worst in the world when it comes to backing the fossil fuel industry with public money. Their new climate policy opens the door for meaningful change, but the initial targets are far too weak to get the job done.

Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds

With the health and livelihoods of billions at risk from COVID-19, governments around the world are preparing historic levels of stimulus finance. Building a Just Recovery that avoids the worst of climate change means overhauling our public finance institutions fast.

Leading banks have poured $2.7 trillion into fossil fuels since Paris, fueling climate chaos

A new report highlights how 35 leading global banks have provided a staggering USD $2.7 trillion to fossil fuel companies since the Paris Agreement in 2015.

The world is on fire, but all Trump offers is a mop and bucket

Greta Thunberg told delegates at Davos that “Our house is still on fire. Your inaction is fueling the flames by the hour."