Press Room

In response to the new report released today by the International Energy Agency (IEA), experts at Oil Change International have issued the following statement: "The IEA again misses the mark where it matters the most, completely ignoring the link between sustainable recovery and staying within 1.5°C of warming. Nowhere in the report is there mention of the critical 1.5-degree warming limit, let alone analysis of what’s needed for a recovery plan to be fully aligned with it."

L’AIE publie aujourd’hui une édition spéciale de son rapport World Energy Outlook dédié aux mesures de soutien aux énergies propres dans le contexte des plans de relance post-COVID. Et pourtant, loin de marquer une rupture avec les modèles préexistants, le rapport s’obstine à ménage toutes les formes d’énergie et fait l’impasse sur la nécessaire sortie des hydrocarbures. Oil Change International et Reclaim Finance dénoncent cet énième rapport inepte pour guider les choix des décideurs politiques et financiers en matière de transition énergétique et appellent ces derniers à la plus grande prudence quant à ses conclusions.

Insurers must end all support for new oil and gas projects in order to meet international climate targets, NGOs supporting the Unfriend Coal / Insure Our Future campaign say in a letter to CEOs released today.

Poor transparency from DBSA, IDC, and ECIC means support for oil, gas, and coal likely higher than the ZAR 2.2 billion a year on record

More than 250 climate and environmental organizations today released letter of solidarity with the Movement for Black Lives (M4BL) demands and week of action.

As the oil and gas sector experiences a chaotic decline during COVID-19, a new peer-reviewed study outlines how policymakers can plan for a more resilient future through an equitable phase-out of production.

Local residents and concerned advocates submitted over 38,000 comments in opposition to the project, highlighting the risk that SPOT project poses to waterways, endangered species, public health, local economies, and the global climate

Today, Japanese environmental NGOs submitted a petition for the cancellation of the Vung Ang 2 Coal-fired Power Generation Project in Vietnam to the Japanese public and private sectors signed by 127 organizations from more than 40 countries and regions.

Since the implementation of the Paris Agreement, G20 countries have provided at least USD 77 billion a year in finance for oil, gas, and coal projects.

"Equating a bailout for Big Oil with basic protections for nurses and healthcare workers in a pandemic is completely egregious," said Rees of Hoyer's comments.