
New report exposes billions per year in additional fossil fuel subsidies
A new report released today exposes a largely unaccounted for subsidy to the fossil fuel industry, valued at roughly $4 billion per year and growing.
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]
A new report released today exposes a largely unaccounted for subsidy to the fossil fuel industry, valued at roughly $4 billion per year and growing.
Oil Change International applauds President Obama today for his show of leadership on climate change. By recognizing that “we can't just drill our way out of the energy and climate challenge that we face” the President has firmly put our nation’s commitment to our future and our children above the profits of the fossil fuel industry.
In todays House Keystone XL vote, those in support took in a combined $56 million from fossil fuel interests, $36 million from oil industry interests alone.
New analysis by Oil Change International revealed today that the 8 Republican members of the Senate Environment and Public Works committee who boycotted a vote on the nomination of Gina McCarthy to lead the US Environmental Protection Agency have received over $5.2 million in campaign contributions from fossil fuel interests.
Development, faith, human rights, community, and environmental groups from more than 20 countries teamed up today to ask World Bank President Jim Kim to end Bank support for all fossil fuel projects unless the projects are solely focused on directly increasing energy access for the poor.
Our concerns with the impact statement for the Keystone XL pipeline released today are extensive and only serve to further strengthen the clear need for Secretary Kerry and President Obama to reject this proposed pipeline project. This month’s largest-ever Forward on Climate rally and other events make it clear that there is a large and growing movement that will support them should they choose to reject this dirty pipeline. Over the next 45 days, we are confident Americans will make this abundantly clear to the Administration.