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.
New analysis released today at the COP21 climate negotiations reveals that G7 countries along with Australia spend 40 times more on support for fossil fuel production than they do in contributions to the Green Climate Fund.
G20 country governments are providing $444 billion a year in subsidies for the production of fossil fuels. These governments are propping up the production of oil, gas and coal, most of which can never be used if the world is to avoid dangerous climate change, and undermining national climate commitments.
The states of Washington and Oregon are facing a quadrupling of their crude-by-rail terminal capacity to over a million barrels a day. This report examines the impact that expansion will have on unlocking carbon and thereby exacerbating climate change.
OECD countries support coal-fired power plants abroad by providing preferential financing through institutions called Export Credit Agencies (ECAs). These coal-fired power plants have significant costs, in the form damages to the health of local populations from air pollution, and the cost of climate-change causing emissions. This report finds that support for coal-fired power plants from the ECAs of OECD countries is implicated in tens of billions of dollars in local health impacts and climate change pollution each year.
The pipelines exporting tar sands out of Alberta are almost full, according to new analysis by Oil Change International. Without major expansion-driving pipelines such as Energy East, Kinder Morgan or Keystone XL, there will be no room for further growth in tar sands extraction and tens of billions of metric tonnes of carbon will be kept in the ground.
Market distorting subsidies to fossil fuels contribute to greenhouse gas (GHG) emissions and impede the transition to sustainable, low-carbon development. In 2009, G-20 countries committed to phase out “inefficient” fossil fuel subsidies in an effort to specifically address climate change and boost investment in clean energy sources. It has been five years since the G-20 commitment, yet very little progress has been made to end these subsidies.
There is a clear logic that can be applied to the global challenge of addressing climate change: when you are in a hole, stop digging. If we are serious about tackling the global climate crisis, we need to stop exploring, expanding, and ultimately exploiting fossil fuels. This is especially true for high cost, high carbon, high risk frontier projects such as offshore Arctic oil.
An examination of crude-by-rail data shows that the U.S. east coast has become one of the busiest regional destinations for hazardous crude-by-rail traffic. Oil Change International used publicly available Department of Energy (EIA) data as well as subscription data from Genscape to examine the growth of crude-by-rail to one of the most densely populated areas of the United States.
Today we’re releasing a new briefing, entitled “Lift the Ban, Cook the Climate: Why Eliminating the Crude Export Ban Fails the Climate Test,” detailing why Congress and the President should stand up to current efforts by the oil industry to eliminate the ban on crude oil exports.
Combining all known public sources, and augmenting them with subscription industry databases, this report makes comprehensive information on public financing for coal easily accessible for the first time.
