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.
150+ economists and policy experts including Yanis Varoufakis, Jason Hickel, and Olúfémi O. Táíwò are calling on Paris Summit leaders to ensure real global financial system transformation is on the agenda.
These briefings reveal that Total, Eni, and Equinor are on the cusp of approving a surge of new oil and gas development. If they proceed with all the projects in their anticipated pipeline for 2023, Eni could rank as the world’s third worst oil and gas expander this year and Equinor as the world’s eighth worst by the total volume of new reserves approved for extraction.
Research shows that Organisation for Economic Co-operation and Development (OECD) countries supported fossil fuel exports by an average of USD 41 billion from 2018-2020, almost five times more than clean energy exports ($8.5 billion).
This new analysis shows that over 47 Gigatonnes of CO2 could be released by extracting and burning fossil fuels from within protected areas.
A new report by Oil Change International and Earthworks examines the rapid growth in “certified gas” and exposes on-the-ground failures to detect oil & gas pollution by one of the largest certifiers of methane gas.
This report, Banking on Climate Chaos 2023, 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 $5.5 trillion in the seven years since the adoption of the Paris Agreement, with $673 billion in 2022 alone.
The new briefing provides preliminary energy finance data for 2022 and shows that not only investments in new fossil fuel infrastructure are incompatible with meeting climate goals, but also that they are not needed for energy security and development goals.
This briefing explains how Japan’s “Green Transformation (GX)” policy is a greenwashing exercise designed to benefit corporate interests and prolong the use of fossil fuels when renewable energy solutions are reliable, available, cleaner, and cheaper.
This new briefing shows G20 government institutions were involved in financing 82% of new Liquefied Natural Gas (LNG) export terminal capacity built from 2012-2022, providing at least USD 78 billion in loans, guarantees, and equity investments for new LNG export terminal capacity projects.
New research shows stop funding fossils commitment forged at the 2021 UN climate summit is already shifting an estimated USD 5.7 billion per year out of fossil fuels and into clean energy. If all signatories fulfill their commitments, then a further 13.7 billion per year will be shifted out of fossil fuels and into clean energy.
