Read the latest insights and analysis from the experts at Oil Change International.
Many parts of the world are experiencing record extreme heat right now. And now it’s the UK’s turn. Earlier today, the country’s official weather forecasters, the Met Office extended an "amber extreme" heat warning, as temperatures look set to rocket later this week and early next week too.
“Do not assume you will be safe tonight” warned the Australian authorities yesterday to thousands of residents of the country’s largest city, Sydney, which is yet again experiencing catastrophic flooding.
The Secretary General of the UN, António Guterres, says we “seem trapped in a world where fossil fuel producers and financiers have humanity by the throat". And Big Oil’s deadly stranglehold is having devastating consequences, from floods to heatwaves, as extreme weather grips many parts of the world.
We are now one hundred and ten days since the start of Vladimir Putin’s bloody brutal war on Ukraine. Since the invasion the global energy market has been largely turned on its head, as old certainties of supply have been ripped up.
If completed, EACOP will pose significant risks to millions of people; jeopardize vital, internationally recognized ecosystems; and, at peak production, generate annual carbon emissions roughly equivalent to the carbon footprint of nine coal-fired power plants.
Yesterday, Australia's liberal Labor Party secured enough seats to hold an outright majority in the House, as the counting of votes continued ten days on from the historic election.
The UK Government's windfall tax on oil companies, announced yesterday, will actually incentivise oil and gas drilling and "wreck" the UK's climate targets.
Today is Shell’s AGM, where the company will try and spin to its shareholders and the wider public that it is leading the climate fight and race to net zero. But its all a climate charade. Its all a lie.
The COP Presidency, the UK, is set to approve dozens of new oil and gas fields. Today is a day of action to stop one new field, called Jackdaw. As I write, Stop Jackdaw is trending on Twitter. So if you want to help push for real climate action, please get on the social media platform and start tweeting.
In light of the war in Ukraine, shareholder actions on climate against Big Oil are faltering. One activist investors says: “The oil industry is really using the energy crisis as an excuse now to stall climate action.”
