Oil Change International publishes upwards of 20 reports and briefings every year focused on supporting the movement for a just phase-out of fossil fuels.
This is the first factsheet in a forthcoming series that details why fossil gas is dangerous for our planet and our communities in Africa, and how gas acts as a barrier to the energy transition we need for a safe, secure and healthy future.
The new report finds that wealthy nations — the United States, United Kingdom, Canada, Norway, and Australia — planning to approve and subsidize new fossil fuel projects which undermines their recent claims of leadership in addressing the climate crisis.
The Sky’s Limit Africa assesses fossil fuel industry plans to sink USD $230 billion into the development of new extraction projects in Africa in the next decade — and USD $1.4 trillion by 2050. It finds these projects are not compatible with a safe climate future and that they are at risk of becoming stranded assets that leave behind unfunded clean-up, shortfalls of government revenue, and overnight job losses.
Canada’s export bank, Export Development Canada (EDC), already provides on average nearly fourteen billion dollars in support to oil and gas companies each year. As a result, Canada ranks second highest among G20 countries in public finance for fossil fuels. Now the federal government is using EDC to channel even more support to the oil and gas sector, which has been intensely lobbying the government for a bailout package of up to $30 billion.
Diminishing consumer demand coupled with more affordable renewables are casting doubt on the overall feasibility and potential profitability of the Atlantic Coast Pipeline.
Ireland is on course to miss both its short-term climate commitments within EU legislation, and its long-term target of reducing greenhouse gas emissions from the energy sector by between 80 and 95 percent by 2050. Expanded gas extraction will only make it more difficult to achieve these goals, and must be avoided in order to achieve a safe climate future.
Over 230 civil society groups from 44 countries released an open letter being sent to Canadian Prime Minister Justin Trudeau, urging him to reject the pipeline and instead begin planning for a managed decline of fossil fuel production and a just transition for workers and impacted communities.
Given US Bank’s continued financing of oil and gas pipeline construction, and the harm those pipelines cause for communities and the climate, US Bank should extend its policy to prohibit all financing to companies building oil and gas pipelines, and all other fossil fuel infrastructure that neglects Indigenous rights and is incompatible with achieving the goals of the Paris Climate Agreement.
The proposed Jordan Cove LNG export terminal and Pacific Connector pipeline would be a substantial source of climate pollution for decades to come. This briefing provides an estimate of the project lifecycle emissions and provides the climate rational for rejecting the proposed project.
This analysis provides five clear reasons why fossil gas is not a "bridge fuel.” It shows that even with zero methane leakage, gas is not a climate change solution.
