Europe Eyes American Shale Gas
In the diplomatic fallout from the crisis in Crimea, European leaders are said to be scrambling to reduce their dependence on Russian gas. You cannot negotiate with Putin if he holds all the aces.
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2026
2026
Biden and Manchin are wrong about the Mountain Valley Pipeline and Energy Security
The Biden administration's claims that the Mountain Valley Pipeline would help Europe or benefit national security — in Europe, in the United States, or anywhere else — are wildly unfounded.
LNG Kills: How Biden’s Pause on New Export Authorizations Doesn’t Go Far Enough
While Manchin and his industry allies spread tired old myths about America saving the world from Putin and Chinese coal plants, the reality is the energy transition is already moving away from gas faster than most people think. That action...
International NGOs Call on Governments to #EndCoalFinance
On Monday, June 16 the Organization for Economic Cooperation and Development (OECD)’s Export Credit Group will meet to discuss climate and energy related financing through Export Credit Agencies – public agencies that fund or guarantee private corporations from their home...
U.S. export credit agency spends nearly $6 billion to finance fossil fuel projects abroad
The U.S. Export-Import Bank (USEXIM) is the third-largest supporter of fossil fuels among all G20 countries, according to a new report out today from Oil Change International, Friends of the Earth U.S., and WWF's European Policy Office.
EU position on ‘ending public support for fossil fuels’ fails to do exactly that
Today the Council of the European Union will approve a statement that commits all Member States to end international public finance in the form of export credits for projects in the fossil fuel energy sector.
G20 public money enabled 82% of LNG export infrastructure expansion, breaking climate promises
Government-backed LNG projects are exposing the public to stranded asset risks and causing emissions nearly twice the annual emissions of Canada.
The World’s Richest Nations Discuss the Future of Export Credits in Paris Following Failure to End Fossil Fuel Finance
Discussions at this week's OECD Export Credits Forum in Paris face a new geopolitical reality after South Korea blocked a landmark climate agreement that would have ended USD 41 billion in annual taxpayer financing for fossil fuels at the end...
US LNG Flies in the Face of Mainstream Climate Analysis: the Department of Energy must stop all expansion now.
Oil Change International, frontline communities, and other partners have provided ample evidence for the need to end LNG expansion. But if we needed further evidence that permitting more US LNG export capacity is a surefire way to cook the planet,...
What happened to Canadian heavy crude prices this summer and where might they go from here?
We reported in our June Newsletter that the difference in price between the Canadian heavy oil benchmark Western Canadian Select (WCS) and the U.S. light crude benchmark WTI had narrowed to $8 a barrel (bbl). This was remarkable in light...