COVID-19 fallout threatens “long-term survivability” of Big Oil
Big Oil faces a new reality where "everything has changed.” Even their long-term survival.
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2026
2026
ExxonMobil’s climate plans are still “grossly insufficient”
Last year, we rated ExxonMobil as "grossly insufficient" on all ten of the criteria. There are tiny steps forward in the new announcement, but nothing that changes any of our ten metrics from "grossly insufficient" to "insufficient," let alone to...
Day by Day, UK Shale Industry & Tories Are Losing the Battle to Promote Fracking
In their belligerent and blinkered attempt to replicate the US shale boom in the UK, the fracking industry and Conservative Government cannot bury three immovable and inconvenient truths that treaten to kill off the industry, even before it has been...
Only 6 months left till COP26. What must the UK do to make it a success?
With only six months left till COP26, the UK host has work to do. Ending public finance for fossil fuel projects overseas shows potential, but the UK’s lack of action on fossil fuels domestically risks undermining its credibility.
Bank of America Leads Finance for Atlantic Coast Pipeline
The abuses, risks and climate pollution of the Atlantic Coast Pipeline have a clear set of financiers, led by the nation's largest commercial bank, Bank of America.
Banking on Climate Chaos 2023: Fossil Fuel Finance Report
This report, Banking on Climate Chaos 2023, analyzes fossil fuel financing and policies from the world’s 60 largest commercial and investment banks. We reveal that fossil fuel financing from the world’s 60 largest banks has reached nearly USD $5.5 trillion...
Another Year of Fracking Failure in the UK
For years, Cuadrilla has ignored climate science, ignored the geology, and ignored local people and politicians. And despite millions being spent by naïve and belligerent investors, their efforts have resulted in a fracking failure.
G20 Recovery Packages Benefit Fossil Fuels More Than Clean Energy
Decisions taken in response to the COVID-19 crisis today will lock in the world’s development patterns for decades. With policy decisions made on a daily basis, information about how public money is being spent can be hard to follow. That...
In reaction to UN Climate Ambition Summit, government leaders and global climate justice advocates call for fossil fuel phase out
20 September 2023, NEW YORK– As the United Nations Secretary-General’s Climate Ambition Summit wraps up and the world witnesses once again the lack of commitment from the largest fossil fuel producers, Pacific governments and global climate leaders held a press...
Scale of Permian Basin Overwhelms Everything, Including Our Climate. We Must Rise Against It.
Four days in the Permian Basin is enough. It’s overwhelming in every way. It’s overwhelming the carrying capacity of the land. It’s overwhelming the community. And as Permian oil, gas, and toxic gas liquids flood global markets, it’s overwhelming our...