Research

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.

Letter: CSOs call on G7 to Stop Pushing Fossil Fuels and Invest in Clean Energy

In advance of this year's G7 Summit, 353 organizations from 58 countries have signed a letter calling on G7 leaders to stop financing fossil fuels; cancel debt payments in global South countries grappling with COVID-19 and climate impacts, and pay their fair share of climate finance to global South countries for climate adaptation among other demands.

Shifting G7 Fossil Fuel Finance to Clean Energy

At this year's G7 meeting countries are discussing how to "build back better" towards a "greener, more prosperous future." This factsheet explains the current state of G7 finance for fossil fuels and why it needs to shift to clean energy.

Net Zero Producers Forum: A catalyst for climate ambition or yet another delaying tactic?

The creation of the NZPF is a tacit recognition by major oil and gas producers that their contribution to the climate crisis can no longer be ignored. But the framing of the initiative and its main objectives raise the prospect of the NZPF being a greenwashing tool in service to the oil and gas industry’s interests.

Wrong again API! A Paris-aligned scenario means less oil and gas

The American Petroleum Institute (API) falsely claims that oil and gas will be leading energy sources in 2040, even in a Paris-aligned scenario. We show how API gets it wrong.

Sorry, API, Gas Isn’t Why Emissions Are Down

The API claims gas is the main reason US power sector emissions are down. Our latest analysis shows it's not.

International Obligations Governing the Activities of Export Credit Agencies in Connection With the Continued Financing of Fossil Fuel-Related Projects and Activities

This new legal opinion finds that export credit agencies could be in violation of their international legal obligations if they do not take action to reduce their financing of fossil fuel-related activities imminently.

Sowing the Seeds of Climate Chaos: The Asian Development Bank’s Support for Gas

This new analysis finds the ADB has spent over $4.7 billion on gas since the adoption of the Paris Agreement. Plans to expand gas infrastructure in Asia pose one of the greatest threats to meeting the goals of the Paris Agreement and averting the most catastrophic impacts of the climate crisis.

Banking on Climate Chaos 2021: Fossil Fuel Finance Report

This report analyzes fossil fuel financing from the world’s 60 largest commercial and investment banks — aggregating their leading roles in lending and underwriting of debt and equity issuances — and reveals that these banks poured a total of USD $3.8 trillion into fossil fuels from 2016–2020.

Getting On Track to 1.5°C: The IEA’s Opportunity to Steer Investments towards Success in Meeting the Paris Goals

The IEA has a crucial opportunity in 2021 to guide the world towards 1.5°C-aligned energy investment. We outline crucial steps the IEA must take to get on track.

New Money Behind the Mountain Valley Pipeline: Eight U.S. Banks Dominate the Top 10 Backers

A new report by Oil Change International on the Mountain Valley Pipeline (MVP) reveals that banks have continued pouring money into the project over recent years, despite numerous warnings that the project has been financially unsustainable and a threat to the climate. This analysis, an update to our 2017 report, reveals that the estimated cost of the Mountain Valley Pipeline has nearly doubled since 2017, increasing the potential project cost from USD 3.5 billion to between $6.3 and $6.5 billion.