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 [email protected]
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.
f passed, Oil Change International’s forthcoming analysis reveals that this legislation would be worth up to $4.5 billion each year to the oil industry, making it the largest single federal handout to the fossil fuel industry.
It’s unfortunately fitting that Trump chose an oil refinery to stage his speech on ‘reforming’ the tax code. He’s railed against special interest loopholes, but Trump’s so-called energy dominance agenda relies on massive taxpayer handouts to oil, gas, and coal companies.
It is a cruel, shortsighted, and disastrous decision that further exposes this administration’s true colors of white supremacy, bigotry and xenophobia.
