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Today, 27 environmental and civil society organizations from Papua New Guinea, the Asia Pacific region and the United States submitted a letter to the U.S. Export-Import Bank (EXIM) urging it to oppose support for the Category A Papua liquefied natural gas project.
The IRA is one of the biggest handouts to the fossil fuel industry in US history.
This weekend, The People's Action for an Oil-Free Lofoten, Vesterålen, and Senja, Folkeaksjonen, is closing the chapter on a successful decades’ long campaign to protect the area’s waters from oil drilling. The victory is a first step for Norway and other wealthy fossil fuel producers around the world that must lead in ending all new fossil fuel development and manage a decline of existing production.
The Department of Energy has declined to endorse a standard for “certified” or “responsibly sourced” methane gas following pressure from a large coalition of climate and environmental justice organizations. Last week Gas Leaks, Earthworks and Oil Change International launched the Certified Disasters campaign and sent a letter signed by 148 organizations demanding the agency halt its involvement in certification schemes, which are being used to market methane gas as “clean” and justify the construction of gas export facilities, pipelines, power plants and gas-dependent buildings.
Rather than match the international policy, today’s announcement leaves the door open indefinitely to domestic public finance for oil and gas, only committing to “announce by fall 2024 the implementation plan” to phase out these flows.
The German Government is set to break a major international climate commitment, releasing a draft policy today for Euler Hermes, the German export credit agency, which allows the agency’s huge international fossil fuel financing to continue.
It is alarming that Biden continues to break climate commitments to end international public finance for fossil fuels. He uses public money to prop up the dirty industry that fuels climate disaster and harms communities, while we suffer record breaking extreme heat.
Today, at the 7th Ministerial meeting on Climate Action (MOCA) in Brussels, Dr Sultan Al Jaber from the UAE outlined his vision for the outcomes of the COP28 climate conference to be held in Dubai in December.
A coalition of civil society groups from Canada, the USA, and Namibia, has today called on the Toronto Stock Exchange Venture Exchange TSXV to deny regulatory approval to a new share listing by ReconAfrica.
Italy’s export credit agency SACE has approved a $500 million guarantee in loans for the Talara oil refinery in Peru, once again breaking their commitment to end their international public finance for fossil fuels by the end of 2022.
