New report exposes billions per year in new fossil fuel subsidies
Today we’re releasing a new report with Earth Track that exposes some $4 billion per year in new fossil fuel subsidies which have gone unaccounted for in previous estimates.
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.
New Analysis: Fossil fuel subsidies five times greater than climate finance
Here in Doha for the UN climate negotiations, we've just released new analysis that shows that fossil fuel subsidies in rich countries are, on average, five times greater than those same countries' pledges towards climate finance.
Report: Phasing Out Fossil-Fuel Subsidies in the G20: A Progress Update
In our second review of progress in meeting this phase out commitment we conclude that the G20 effort is currently failing.
Report – Low Hanging Fruit: Fossil Fuel Subsidies, Climate Finance, and Sustainable Development
Our latest report finds that global fossil fuel production and consumption subsidies are at least $775 billion annually and could be $1 trillion or even more. There is an urgent need for transparency in subsidy reporting.
$1 TRILLION in Global Fossil Fuel Subsidies and the Urgent Need for Transparency
In this graphic, you can see that according to Oil Change International analysis, governments around the world are spending perhaps more than $1 trillion USD combined per year subsidizing the fossil fuel industry.