Uncovered: German finance backs Amazon gas expansion, defying its own policy
Oil Change International warns against weakening of Germany’s export finance rules which would deepen Germany's breach of commitments to end fossil fuel finance.
Oil Change International is a research, communication, and advocacy organization focused on exposing the true costs of fossil fuels and facilitating a just transition to clean energy. For media inquiries, please contact: Valentina Stackl at [email protected]
Oil Change International warns against weakening of Germany’s export finance rules which would deepen Germany's breach of commitments to end fossil fuel finance.
Our new research shows that the Trump administration, the fossil fuel industry, and Big Tech are creating a perfect storm for rising energy prices.
In response to the appointment of Andy Burnham as Prime Minister and his cabinet announcements.
First-ever report on G20 national development banks’ (NDB) energy finance shows they already provided $36 billion a year for renewables over the last decade (2016-2024) and could add at least $28 billion more by shifting away from fossil fuels.
A ray of hope from the Santa Marta conference comes from the political courage of a few governments willing to stand with people against Big Oil and the Trump Administration’s “might is right” geopolitics, we need more to join them.
Secretary-General Guterres is right to treat this moment with the urgency it demands.
Keir Starmer's resignation marks the end of one chapter in British politics, but it must not mark the end of the UK's progress on climate. His government took a significant step by ending new North Sea oil and gas licensing, making the UK the largest oil and gas-producing country to do so. Labour was elected on a mandate to carry climate action forward, and the next Prime Minister must resist pressure from the fossil fuel industry to reverse course and instead provide the certainty that workers and communities need.
"Countries can either double down on fossil fuels and get caught up in the next fossil fuel crisis, or they can choose economic and energy sovereignty by planning for a just transition. The right choice is obvious."
The Strait of Hormuz may be reopening, but this crisis has once again exposed fossil fuels as a source of conflict, chaos, volatility and disruption. While communities bear the costs, oil companies profit from the instability. Once renewables are installed, sunlight or wind does not become more expensive because of geopolitical conflict. The most durable form of energy security is reducing exposure to fossil fuels altogether, and making a just transition to renewable energy.
“It will be the responsibility of all governments to draw up their own energy roadmaps, but it’s the rich Global North countries that must lead the transition and stop blocking international cooperation needed to lift the structural barriers that are keeping fossil fuels afloat.”