Putting Tar Sands in Your Tank …
Disaster One. New estimates put the amount of oil per day pouring into the Gulf of Mexico at one million gallons a day. If this is so, BP’s disaster may have spilt more oil than the Exxon Valdez, when at...
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2026
2026
TransCanada clings to Keystone myths
Yesterday we co-published a report with NRDC and Forest Ethics that busted the myth that the Keystone XL pipeline would lower gasoline prices for U.S. and Canadian consumers. It is actually more likely to raise prices by diverting oil from...
#NoKXL Best Hits: Six Reasons Keystone XL Must Not Be Built
As we await the photo-op of Keystone XL approval from the Trump Administration, here's a compilation of a few of our "best hits" for why Keystone XL must not be built.
How Fracking Boosts the Tar Sands
The energy revolution sweeping the United States is now taking up serious column inches in the nation’s papers. Last week, the Wall Street Journal ran with with the headline: “Expanded Oil Drilling Helps U.S. Wean Itself From Mideast.” The next...
It’s Official: Canada is the 51st State!
The United States of America has finally acquired the vast territory of Canada and its massive fossil fuel resources. The acquisition appears to have been made via an episode of collective wishful thinking and misinformation, triggered by an optimistic report...
Under the Rug: How Governments and International Institutions are Hiding Billions in Support to the Coal Industry
Combining all known public sources, and augmenting them with subscription industry databases, this report makes comprehensive information on public financing for coal easily accessible for the first time.
New OECD coal financing restrictions represent weak progress
Today the OECD Export Credit Group announced new restrictions on its support for overseas coal projects. The restrictions do not address export finance for coal mines and related infrastructure, nor oil and gas financing even if the latest IEA report...
New report: Commitment to end international finance for fossil fuels is shifting billions, but key countries breaking promises missing in action
Promise Breakers, a report released today by Oil Change International, reveals that the stop funding fossils commitment forged at COP26, is already shifting an estimated USD 5.7 billion per year out of fossil fuels and into clean energy, with the...
EU, UK, and Canada move to phase out fossil fuel finance at OECD
US, South Korea, and Japan fail to follow suit The European Union, the United Kingdom, and Canada are ready to be climate leaders by proposing phasing out fossil fuel finance through Export Credit Agencies at the OECD. This move reflects...
Australia boosts 40+ signatory partnership to end international public finance for fossil fuels
Australia has joined a major international initiative to end international public finance for fossil fuels at an event held at the UK Government Pavilion today at COP28. Australia follows Norway, who also joined the initiative on Saturday.