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 press@priceofoil.org
Speaking at COP29 today, experts on the intersection of fossil fuels and justice in Palestine highlighted how multiple systems of oppression converge to perpetuate violence against communities in Palestine.
For the first time in three years of negotiations towards the new climate finance goal due at the end of COP29, we finally have a draft text that includes options for rich countries to pay the scale and quality of finance they owe, and for urgently needed support to flow towards a fair fossil fuel support.
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.
Norway’s energy ministry approves over USD 18 billion to support 19 new oil and fossil gas field developments on the Norwegian Continental Shelf in the North Sea - Silje Ask Lundberg, Oil Change International North Sea campaign manager responds.
The resistance to the Mountain Valley Pipeline (MVP) remains strong. People will continue to fight until this unnecessary pipeline is dead and communities in Appalachia thrive with affordable renewable energy, good jobs, and a healthy climate.
Global leaders at the Paris Summit missed a critical opportunity to redirect trillions from fossil fuels, debt, and the ultra rich to address the climate crisis.
Instead of ending oil and gas finance, the OECD has enacted new public financial incentives for the fossil fuel industry, including for hydrogen and ammonia created from fossil gas, as part of its new "climate-friendly" incentives for Export Credit Agencies (ECAs).
Earlier this week a coalition of 150+ economists and policy experts including Yanis Varoufakis, Jason Hickel, Olúfémi O. Táíwò, Nader Habibi, and Isabelle Ferreras sent a letter to Global North leaders, calling on them to pay their fair share for a just energy transition with trillions in public reparations, and to allow democratic and people-centred reforms to the global financial system they have a disproportionate control over.
150+ economists and experts call on Paris Summit leaders to redirect trillions in public money from fossil fuels, unfair debts, and the super rich to fix global crises
As the Bonn Climate Change Conference comes to an end, climate justice movements from all sectors join their voices to fight back the declared war that fossil fuels and those who continue to support it have imposed against us.
More than 500 groups from six continents and 63 countries sent a letter to President Biden today demanding he stop fossil fuel expansion ahead of UN Secretary General Antonio Guterres’s Climate Ambition Summit this September.
“The Big Oil and Gas business model cannot be reformed. Its foundation is destruction – of communities, of ecosystems, and all our futures. Governments must act to phase out this destructive industry and unlock the transition to nature-positive, community-owned, renewable energy.”
