Oil Change International publishes upwards of 20 reports and briefings every year focused on supporting the movement for a just phase-out of fossil fuels.
Last year at COP28, governments committed to transition away from fossil fuels. The next key step to make good on this landmark energy agreement is rich countries agreeing to a new climate finance goal of at least $1 trillion annually to make this possible. This will allow countries to deliver national climate plans (NDCs) due in 2025 that phase out fossil fuels.
Big oil and gas companies’ voluntary “Decarbonization Charter,” launched at COP28, is a dangerous distraction from the urgent need to rapidly phase out fossil fuels. New data shows Charter members have approved massive oil and gas expansion plans since signing on.
There is no shortage of public money available for rich countries to pay their fair share on fair terms for climate action at home and abroad. They can mobilize over USD 5.3 trillion per year for the new climate finance target at COP29, international development needs, ensuring fair fossil fuel phase out in their NDCs, and other public goods.
Despite the abundant evidence of carbon capture and fossil hydrogen's failures, the US subsidizes them to the tune of $12 billion - more than any other country.
New research shows COP Troika nations - Brazil, UAE, and Azerbaijan - plan to expand oil and gas production 32% by 2035, endangering the 1.5°C climate limit their role as COP presidencies is meant to champion. Limiting warming to 1.5°C, a key objective the COP Troika has committed to defend, requires countries to immediately end fossil fuel expansion.
For the first time, this comprehensive briefing brings together evidence to demonstrate that Norway's plans for blue hydrogen are unrealistic and economically unsound.
Last year at COP28, governments committed to transition away from fossil fuels. The next key step to make good on this landmark energy agreement is rich countries agreeing to a new climate finance goal of at least $1 trillion annually to make this possible. This will allow countries to deliver national climate plans (NDCs) due in 2025 that phase out fossil fuels. Rich countries can mobilize well over $5 trillion a year for climate action at home and abroad by ending fossil fuel handouts, making big polluters pay, and changing unfair global financial rules.
Prime Minister Keir Stamer paints a bleak picture of the economic situation in the UK, announcing worsening economic and social pressures. The thing is, there is money. It is just being spent on the wrong things. The UK has already spent or committed nearly £500 million on CCS projects since 2010. £168 million of this was spent between 2012 and 2016 on two projects (Peterhead and White Rose) that failed to get off the ground. Policies announced since 2020 have made available £25.26 billion for CCS and hydrogen projects. Only a fraction of this has been committed to date. This is enough to fund the total 2023 winter fuel allowance payout 12 times over.
The first in-depth analysis on the escalating wave of climate litigation aimed at fossil fuel companies reveals 86 climate lawsuits have been filed against the world’s largest oil, gas, and coal producing corporations – including BP, Chevron, Eni, ExxonMobil, Shell, and TotalEnergies. The number of cases filed against fossil fuel companies each year has nearly tripled since the Paris Agreement was reached in 2015, highlighting a growing global movement to hold fossil fuel companies accountable for their role in the climate crisis.
Our new briefing reveals how governments in North America and Europe are preparing to waste hundreds of billions of taxpayer dollars on these ineffective technologies, further benefiting the fossil fuel industry, despite their record profits.
