
New Data Exposes Private Finance Failure to Meet Energy Transition Needs
Dominant finance approach drives 4-7 times less private investment in the Global South than promised
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]
Dominant finance approach drives 4-7 times less private investment in the Global South than promised
Today, 188 groups based in communities burdened by gas infrastructure and their allies throughout the United States sent a letter to EU Commissioners asking them to refuse to bow to U.S. President Donald Trump’s pressure to increase the bloc’s reliance on LNG or other fossil fuel imports from the United States.
In response to the International Energy Agency (IEA)’s just-released report on the greenhouse gas emissions of liquefied natural gas (LNG), Oil Change International Research Director Lorne Stockman said:
After two days of attempts to resolve disagreement between countries regarding the agenda for the mid-year climate negotiations in Bonn, negotiators just reached a compromise, meaning that the Bonn talks can officially kick-off.
Annual Banking on Climate Chaos reports $429 billion of 2024 dollars are to fossil fuel expanding companies; totaling $1.6 trillion to these companies since 2021
If these four countries - United States, Canada, Norway, and Australia - which Oil Change International dubs “Planet Wreckers”, halted their planned new oil and gas extraction, 32 billion tonnes (Gt) of carbon pollution would be kept in the ground. This is equivalent to three times the annual emissions of all the world’s coal power plants combined.
On 11 June 2025, Oil Change International hosted a pivotal roundtable in Oslo, uniting Labour politicians, trade union leaders, and environmental organisations from Norway, the United Kingdom, and Denmark around forging a just energy transition across the North Sea region.
Civil society organisations gathering outside the EU Council headquarters in Brussels urged European energy ministers to break free from fossil gas completely, and not to simply replace Russian gas with other suppliers, including liquified gas (LNG) from the US.
CCS has been failing for half a century and its only significant success has been the billions pocketed by industry in public subsidies.
Defending migrants is an essential part of climate justice.