FOR IMMEDIATE RELEASE May 27, 2017 CONTACT: Alex Doukas, alex [AT] priceofoil.org Reaction: G7 leaders cave in the face of fossil fuel cronyism, fail to recommit to ending fossil fuel subsidies by 2025 In response to the G7 Leaders’ Communiqué released...
All financial institutions, public and private, including the World Bank, must still work toward aligning their finance with the aim of keeping global temperature increase below 1.5 degrees Celsius, but today, the World Bank set a high new bar in...
A new briefing released by Oil Change International details how the growth of distributed renewable energy in Africa has so far failed to include locally-owned companies and initiatives. The sector has been growing rapidly since 2013 — especially for companies...
As the oil and gas sector experiences a chaotic decline during COVID-19, a new peer-reviewed study outlines how policymakers can plan for a more resilient future through an equitable phase-out of production.
Media Contacts: Adam Smith, Public Campaign Action Fund, (202) 640-5593, [email protected] Steve Kretzmann, Oil Change International, (202) 497-1033, [email protected] For Immediate Release May 12, 2011 Senate Finance Committee Awash in Campaign Cash from Big Oil Committee Republicans take 4 times...
FERC has ignored all the evidence and certified these destructive gas pipeline projects as ‘convenient and necessary’ – when in fact they are neither.
Today the United States and over 20 other countries and institutions from both developed and developing countries committed to end direct international public finance for unabated coal, oil and gas by the end of 2022 and prioritize clean energy finance.
This increases the number of signatories to 29 and the annual average of potential public finance shifted out of fossil fuels and into clean energy to at least USD 21.7 billion per year.
Despite important progress on establishing a loss and damage fund, COP27 failed to acknowledge the need for a rapid and equitable phase-out of oil, gas, and coal.
Yesterday a coalition of some 50 environmental, indigenous and human rights groups sent an unprecedented letter to Californian policymakers and US-based corporations involved in the processing, use or financing of Amazon crude to “stem the influx of crude oil into...
