Blog
Read the latest insights and analysis from the experts at Oil Change International.
Interior budget boosts fossil fuels, cuts renewables funding
In a huge industry giveaway, Trump’s Department of Interior budget increases funding for oil, gas, and coal expansion by more than $34 million – and slashes renewable energy by at least $15 million.
Trump’s Interior budget: More drilling, more mining, more handouts
The myth that opening up more public lands and waters for fossil fuel production will result in a windfall for America is dead wrong. The only windfall from this production is enjoyed by oil, gas, and coal executives.
100% Renewable Energy Bill – A first foot forward
Today, Sens. Merkley (D-OR) and Sanders (I-VT) launched a bill that takes a huge step toward aligning government policy with what climate science tells us is necessary – a transition to a 100% carbon-free economy, as soon as possible.
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.
On his first diplomatic outing, climate-denying Rex Tillerson got trolled
In his first outing as Secretary of State, former ExxonMobil CEO Rex Tillerson may have been quiet, but the world’s climate leaders were not. Ahead of the G20 meeting of foreign ministers, hosted by Germany in Bonn, German government officials didn’t mince words: “You can’t fight climate change by putting up barbed wire,” said Foreign Minister Sigmar Gabriel, a not-so-thinly veiled swipe at Rex Tillerson and Donald Trump’s climate denial, and the Trump Administration’s racist immigration policies.
Rex Tillerson Denies Oil and Gas Subsidies Exist, While Company Profits From Them
Today Rex Tillerson, under oath, denied the existence of fossil fuel subsidies. In fact, according to our new analysis ExxonMobil likely gets as much as $1 billion in subsidies each year.
Oil Subsidies Propping Up Profits and Polluting the Climate
Guess who’s responsible for about half of all the oil that will be produced in the United States? You! That's according to a new study, which shows that 45 percent of US oil production depends on government handouts to make it profitable. Yes, your money is sponsoring pollution and lining the pockets of oil companies.
The Deepwater Horizon disaster killed 11 people. Then BP made you and me pay for it.
BP was responsible for Deepwater Horizon, a disaster that killed 11 people and caused one of worst oil spills ever – and then they made us foot the bill.
Our energy system has changed since 1913 – why hasn’t this subsidy?
Standard Oil has long since been broken up yet the subsidy designed to do so has only grown over its 100-year lifespan in terms of total value to the industry.