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2026

2026

G20 Backtracks on Fossil Fuel Funding Phase-Out in COVID-19 Recovery

Despite repeated pledges to end inefficient fossil fuel subsidies, G20 governments’ support to fossil fuels has dropped by only 9% since 2014–2016, hitting USD 584 billion annually over the last three years, according to a report released today by the...

Big Oil’s War Profiteering Must End

As people lose their lives in Trump and Netanyahu’s illegal war on Iran, Big Oil is cashing in. During the first month of the US-Israeli war on Iran, the world’s top 100 oil and gas producers banked an estimated more...