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
According to a new report released today by Rainforest Action Network, Oil Change International, and 10 organizations from around the world, commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement 1.5° to 2° target – and finance levels are surging in 2017.
Republicans want to open up sacred land in the Arctic Refuge for oil drilling allegedly to raise money to cover their cuts, but they leave in place tens of billions in tax giveaways to oil, gas, and coal companies.
A new report exposes the huge financial risks behind three major Canadian tar sands pipeline project proposals: Kinder Morgan’s Trans Mountain Expansion, TransCanada’s Keystone XL and Enbridge’s Line 3 expansion.
The U.S. Export-Import Bank (USEXIM) is the third-largest supporter of fossil fuels among all G20 countries, according to a new report out today from Oil Change International, Friends of the Earth U.S., and WWF's European Policy Office.
FERC has ignored all the evidence and certified these destructive gas pipeline projects as ‘convenient and necessary’ – when in fact they are neither.
New briefings show that while some banks are making good progress, many are still financing billions of dollars in fossil fuel projects despite mounting climate impacts and global commitments like the Paris Agreement.
"Pruitt’s move to repeal the Clean Power Plan shouldn’t come as any surprise. He’s repeatedly partnered with fossil fuel companies to sue the EPA for regulating the industry’s air, water, and climate pollution. This kind of cronyism is exactly what happens when government agencies are captured by the corporations they’re supposed to oversee."
This is an important day in the fight against climate change in Canada. Realizing that Energy East would never would never be allowed if its full climate impact was accounted for, TransCanada has walked away from the project.
A new report out today reveals that U.S. taxpayers continue to foot the bill for more than $20 billion in fossil fuel subsidies each year. These subsidies amount to billions of dollars wasted to prop up an industry responsible for a climate crisis that has contributed to lives lost and hundreds of billions in damages this hurricane season alone.
As the Federal Energy Regulatory Commission prepares for its first meeting in seven months, and as states weigh new gas pipelines facing imminent rulings from Trump-appointed regulators, a report released today exposes an impending crisis of risk to utility ratepayers.
