The United States is the world’s top methane emitter from oil and gas. Despite the U.S. fossil fuel industry’s repeated claims to have the “cleanest gas in the world”, a new Oil Change International (OCI) analysis of the International Energy...
Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JP Morgan Chase, Mizuho, and Bank of America are worst 3 funders
The 15th annual Banking on Climate Chaos (BOCC) report employs a new, expanded data set that credits each bank making financial contributions to a deal instead of only crediting banks in leading roles. It cuts through greenwash, covering the world’s top...
Groups denounced the final statement from leaders of ASEAN member states, as leaders announced the Asia Zero Emission Community Joint Statement claiming a need to use gas, ammonia, biomass, hydrogen, and nuclear for greenwashing in Asia.
CCS is a dangerous distraction from real climate leadership. Norway is the #2 public subsidizer of carbon capture and storage, new analysis from Oil Change International (OCI) reveals. The United States is #1 and the EU is #3.
As the negotiations heat up, so does the pressure to deliver a fossil fuel phaseout. In the final hours of COP28, groups push to exclude fossil fuel industry dangerous distractions from global climate change agreement. Join us for the events...
Welcome to Energy Day aka Fossil Fuel Phaseout Day. Today is packed with new data, press conferences, expected new announcements, actions and more - all with the same goal: a full, fast, fair, and funded phase out of fossil fuels.
A global coalition of civil society groups organized a demonstration at the COP28 climate negotiations in UAE on “Finance Day” to demand that the Japanese government stop financing new fossil fuel projects and shift support to renewable energy. The action...
Today 222 civil society groups from 55 countries sent an open letter calling on world leaders to transform international public finance to tackle climate change and deliver a just energy transition.
Dubai, December 2, 2023 – A letter published today by over 320 organizations on six continents rejects “Oil and Gas Decarbonization Charter,” the COP28 Presidency’s upcoming flagship announcement at the United Nations Climate Change Conference. The Oil and Gas Decarbonization...
