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
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.
"This is a major victory for Indigenous resistance and the climate. Trudeau needs to stop supporting this risky project immediately, and end all fossil fuel subsidies," said Kyle Gracey of OCI.
"We urge Congress to end fossil fuel subsidies, and we expect Leader Schumer and Chairman Wyden to stand by their promises to end dirty subsidies to oil, gas, and coal," said Collin Rees of Oil Change.
The new report shows that Indigenous communities resisting the more than 20 fossil fuel projects analyzed have stopped or delayed greenhouse gas pollution equivalent to at least 25 percent of annual U.S. and Canadian emissions.
Today, Oil Change U.S., Sunrise Movement, Evergreen Action, Sierra Club, Indivisible, and other partners launched a joint Gas Is Not Clean campaign to ensure a potential Clean Energy Standard (CES) or Clean Energy Payment Program (CEPP) prohibits the inclusion of gas.
Twelve of the largest central banks around the globe continue to support climate chaos-causing fossil fuels through policy and direct finance, a new report released today finds. Ahead of an annual convening of central bankers in Jackson Hole, Wyoming later this week, the analysis strikes a critical contrast to promises in recent months by the same central banks to align their operations with climate goals.
Today, the U.S. Treasury Department released updated fossil fuel energy guidance for the multilateral development banks (MDBs). Oil Change International experts responded.
The Biden White House released a statement from National Security Advisor Jake Sullivan urging OPEC to increase oil production; Oil Change International experts responded.
Today, Canada’s export bank, Export Development Canada (EDC), released new climate targets.
More than 500 organizations called on policymakers in the U.S. and Canada to reject Carbon Capture and Storage (CCS) as a dangerous distraction and to end the "carbon capture of climate policy."
Over 500 organizations, including a wide range of health, faith, environmental, and other groups across the United States released a letter today calling on Congressional leadership to eliminate the fossil fuel subsidies embedded in the U.S. tax code.
