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.

Banking on Climate Chaos 2022: Fossil Fuel Finance Report

This report, Banking on Climate Chaos 2022, analyzes fossil fuel financing and policies from the world’s 60 largest commercial and investment banks. We reveal that fossil fuel financing from the world’s 60 largest banks has reached nearly USD $4.6 trillion in the six years since the adoption of the Paris Agreement, with $742 billion in 2021 alone.

The Aggressive Explorer: How Norway’s Rapid Ramp-up of Oil and Gas Licensing Is Incompatible with Climate Leadership

This briefing reveals that over the last 10 years, the Norwegian government awarded as many exploration licenses (700) as in the 47 years prior, making Norway Europe’s most aggressive explorer for new oil and gas. Norway claims to be a climate leader, but its actions suggest otherwise.

Drilling Towards Disaster: New Mexico’s Oil and Gas Boom Undermines the State’s Climate Goals

A new briefing finds that New Mexico cannot meet its commitment to global climate goals if it allows a massive expansion in oil and gas production.

A Giant Step Backward: Carbon Impact of the Line 3 Pipeline

As Minnesota decides whether to let the crude oil pipeline cross its cleanest waters, a new report finds that greenhouse gas emissions from Canadian oil company Enbridge's proposed Line 3 expansion would vastly outweigh planned reductions in the state's emissions.

Letter: 230+ Groups to Justin Trudeau – Climate Leadership Means Saying No to Pipelines

Over 230 civil society groups from 44 countries released an open letter being sent to Canadian Prime Minister Justin Trudeau, urging him to reject the pipeline and instead begin planning for a managed decline of fossil fuel production and a just transition for workers and impacted communities.

Investor Briefing: The many obstacles facing Keystone XL

This briefing outlines compelling reasons for investors to question whether TransCanada should proceed with Keystone XL given various obstacles facing its construction and commercially viable operation, and suggests questions institutional financiers may wish to ask TransCanada.

Burning the Gas ‘Bridge Fuel’ Myth

This analysis provides five clear reasons why fossil gas is not a "bridge fuel.” It shows that even with zero methane leakage, gas is not a climate change solution.

Funding Tar Sands: Private Banks vs. the Paris Climate Agreement

According to a new report released today by Rainforest Action Network, Oil Change International, and 10 organizations from around the world, commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement 1.5° to 2° target – and finance levels are surging in 2017.

In the Pipeline: Risks for Funders of Tar Sands Pipelines

A new report exposes the huge financial risks behind three major Canadian tar sands pipeline project proposals: Kinder Morgan’s Trans Mountain Expansion, TransCanada’s Keystone XL and Enbridge’s Line 3 expansion.

Infographic: Subsidies Propping Up Oil Profits and Polluting the Climate

This infographic compares the economic viability of oil production in discovered but undeveloped U.S. fields with and without subsidies. It shows that at current prices, almost half of all oil production is dependent on federal and state subsidies.