
IEA’s first 1.5°C model closes the door on new fossil fuel extraction
The IEA has consistently boosted new oil and gas development. Now it's backing up the global call to stop the expansion of fossil fuel extraction.
The IEA has consistently boosted new oil and gas development. Now it's backing up the global call to stop the expansion of fossil fuel extraction.
Yesterday, the Spanish Parliament adopted a wide-ranging Climate Change and Energy Transition law, which includes a ban on new fossil fuel exploration and production licenses.
National organizations are demanding President Joe Biden appoint a strong climate leader as Federal Reserve Chair who will implement policies and rules at the scale needed to address the climate crisis.
A new legal opinion lays out the international law obligations of ECAs that are responsible for tens of billions of dollars per year in support for fossil fuels.
"California is the highest-producing jurisdiction in the world so far to commit to a phase-out of oil extraction, and other major producers need to join the state in committing to move beyond oil and gas," said Collin Rees of Oil...
"Today’s announcement by President Biden on international fossil finance is welcome but the lack of firm commitments falls short. We urge the Biden administration to add a clear commitment to an immediate phase-out, with no loopholes for gas or any...
True climate leadership requires a full reckoning with the realities of what’s driving our climate crisis: fossil fuels. Without a robust plan from rich countries in particular to ramp down fossil fuel production and ramp up support for communities for...
In response to the launch of a new Export Finance for the Future coalition (E3F), 21 CSOs from 14 countries released a statement criticizing the lack of ambition from the coalition.
This new coalition will coordinate actions between nations leading the charge on eliminating public finance for fossil fuels, and will build momentum to provide political guidance in future multilateral negotiations.
Last week, the #BuildBackFossilFree coalition held a week of action across the country escalating the demand for President Joe Biden to be a real Climate President and directly confront environmental racism and fossil fuel companies fueling the climate crisis.