Fact Sheet: Ending Oil Subsidies in the US
As the U.S. Congress debates several measures to remove oil industry subsidies, we have published a new factsheet that overviews some of the key issues in the subsidy debate.
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.
Rising oil prices and the global oil equation
The U.S. already imports over 2 million barrels a day from Canada. It did not protect us from rising prices in 2008, it hasn’t this time, and it never will.
Reserves Replacement Ratio in a Marginal Oil World
Our research found that at least four of the top six IOCs have significantly relied on tar sands reserves additions to support RRR rates in the past five years. As a percentage of total liquids additions, tar sands represents between 26% and 71% of reserves additions for these four companies.
Report: G20 Fossil Fuel Subsidy Phase Out
This report, prepared by Oil Change International and Earth Track, is the first independent evaluation of the success of the G20 Pledge to phase out fossil fuel subsidies. The report reveals large gaps in the reporting of subsidies and that no new actions have been taken by G20 nations as a result of their commitment in Pittsburgh to phase out fossil fuel subsidies.
World Bank Group Energy Financing: Energy for the Poor?
This study finds that none of the World Bank Group’s fossil fuel finance directly targets the poor or ensures that energy benefits are reaching the poor.
Tar Sands in Your Tank
This report reveals that petroleum products containing tar sands crude oil have been regularly entering the EU’s petroleum supply chain for some time, primarily through imports of diesel from the US Gulf Coast. If the proposed Keystone XL pipeline is built, bringing tar sands from Alberta to Gulf Coast refineries, the amount of tar sands derived diesel entering Europe will rise dramatically.
Shell’s Big Dirty Secret
This new research paper rates the carbon intensity of the top international oil companies, revealing that Shell is now the most carbon intensive oil company in the world based on its total resources.
Dirty is the New Clean: A Critique of the World Bank’s Strategic Framework for Development and Climate Change
The World Bank’s new three-year Strategic Framework on Development and Climate Change makes a strong case for urgent action on global warming, but the Bank’s increased lending for fossil fuels in the past year suggests limiting climate change is far from a priority.