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.

Net Zero Producers Forum: A catalyst for climate ambition or yet another delaying tactic?

The creation of the NZPF is a tacit recognition by major oil and gas producers that their contribution to the climate crisis can no longer be ignored. But the framing of the initiative and its main objectives raise the prospect of the NZPF being a greenwashing tool in service to the oil and gas industry’s interests.

Wrong again API! A Paris-aligned scenario means less oil and gas

The American Petroleum Institute (API) falsely claims that oil and gas will be leading energy sources in 2040, even in a Paris-aligned scenario. We show how API gets it wrong.

Sorry, API, Gas Isn’t Why Emissions Are Down

The API claims gas is the main reason US power sector emissions are down. Our latest analysis shows it's not.

International Obligations Governing the Activities of Export Credit Agencies in Connection With the Continued Financing of Fossil Fuel-Related Projects and Activities

This new legal opinion finds that export credit agencies could be in violation of their international legal obligations if they do not take action to reduce their financing of fossil fuel-related activities imminently.

Sowing the Seeds of Climate Chaos: The Asian Development Bank’s Support for Gas

This new analysis finds the ADB has spent over $4.7 billion on gas since the adoption of the Paris Agreement. Plans to expand gas infrastructure in Asia pose one of the greatest threats to meeting the goals of the Paris Agreement and averting the most catastrophic impacts of the climate crisis.

Banking on Climate Chaos 2021: Fossil Fuel Finance Report

This report analyzes fossil fuel financing from the world’s 60 largest commercial and investment banks — aggregating their leading roles in lending and underwriting of debt and equity issuances — and reveals that these banks poured a total of USD $3.8 trillion into fossil fuels from 2016–2020.

Getting On Track to 1.5°C: The IEA’s Opportunity to Steer Investments towards Success in Meeting the Paris Goals

The IEA has a crucial opportunity in 2021 to guide the world towards 1.5°C-aligned energy investment. We outline crucial steps the IEA must take to get on track.

New Money Behind the Mountain Valley Pipeline: Eight U.S. Banks Dominate the Top 10 Backers

A new report by Oil Change International on the Mountain Valley Pipeline (MVP) reveals that banks have continued pouring money into the project over recent years, despite numerous warnings that the project has been financially unsustainable and a threat to the climate. This analysis, an update to our 2017 report, reveals that the estimated cost of the Mountain Valley Pipeline has nearly doubled since 2017, increasing the potential project cost from USD 3.5 billion to between $6.3 and $6.5 billion.

Doubling Back and Doubling Down: G20 Scorecard on Fossil Fuel Funding

In this new report we consider recovery commitments and pre-pandemic policies to rank G20 countries' progress in phasing out support to fossil fuels. We find at least USD 584 billion per year between 2017 and 2019 in public support for fossil fuels from G20 governments. 

Fracking Fiasco: The Banks That Fueled the U.S. Shale Bust

A new report by Oil Change International and Rainforest Action Network (RAN) shows how major banks have continued pouring money into fracking companies in recent years despite numerous warnings that the sector was financially unsustainable — on top of the well-documented environmental, health and climate impacts of the industry.