Analysis: Rich Nations Driving Global Coal Expansion
A new analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
A new analysis of leaked OECD data finds that over the last decade, export credit agency finance has played a significant role in supporting coal power generation globally.
That the White House was forced to officially respond to this petition is yet another indication of the growing power of the Keep It In The Ground movement.
"Our movement has real power because it is based on people, and nothing about last night changes that."
"Canadaβs Auditor General revealed today that 8 years after the government promised to phase out fossil subsidies, there is still no game plan to do so," said Oil Change International's Alex Doukas in a statement released today.
Yesterday, Sens. Whitehouse (D-RI), Heinrich (D-ND), Capito (R-WV) and Barrasso (R-WY) introduced the Carbon Capture Utilization and Storage Act, legislation to extend and more than double tax credits to fossil fuel companies for using climate pollution to extract more oil.
Today at the One Planet Summit the World Bank set a new bar for financial climate leadership by committing to end finance for oil and gas extraction and exploration projects.
The Atlantic Coast Pipeline, like the Mountain Valley Pipeline, is a boondoggle that imperils our climate and communities. It must not be built. The Water Board has given itself an important opportunity to complete its work the right way by...
"It's cynical and reckless to provide relief for climate-related disasters with one hand, while essentially paying Big Oil to worsen the climate crisis with the other. Transferring billions of dollars from hard-working taxpayers to ultra-rich oil companies to extract more...
A network of secretive, government-backed financial institutions called export credit agencies are handing more than $31 billion USD per year to the oil, gas, and coal industry, new analysis by Oil Change International and Friends of the Earth U.S. shows.Β
"Big Oil's continued existence is the single biggest threat to our climate, and it's long past time to end giveaways of public money to fossil fuel companies once and for all," said Rees.