Subsidizing Unburnable Carbon: Taxpayer Support for Fossil Fuel Exploration in G7 Nations
A new report by Oil Change International identifies billions of dollars in subsidies for fossil fuel exploration from the world’s wealthiest countries.
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2026
2026
Fossil Fuel Finance at the Multilateral Development Banks: The Low-Hanging Fruit of Paris Compliance
A new analysis finds that six major multilateral development banks provided over $7 billion in public financing for fossil fuels in 2015, and over $83 billion in financing for fossil fuels from 2008 to 2015, despite public claims of the...
The Sky’s Limit California
This new report details why California must chart a path off fossil fuel extraction to meet its commitment to the Paris Agreement climate goals.
The Sky’s Limit Denmark: Why Denmark Must Phase Out North Sea Oil and Gas Extraction
A new study released by Oil Change International examines the role of Danish oil and gas production in a Paris-aligned global carbon budget. The report confirms that while Denmark has positioned itself as a global climate leader, its plans to...
Open Letter to EIB President: It’s time to stand firm and go Fossil Free
Over 70 organizations call on the European Investment Bank (EIB) leadership to stand firm behind a draft lending policy that, if adopted, would rule out future fossil fuel financing from the bank.
Briefing: Carbon Impacts of Reinstating the U.S. Crude Export Ban
The next president and Congress should reinstate the crude export ban in tandem with policies to ensure a just and equitable transition away from fossil fuels. A reimplementation of the ban would therefore require an ambitious and well-funded energy policy...
Doubling Back and Doubling Down: G20 Scorecard on Fossil Fuel Funding
In this new report we consider recovery commitments and pre-pandemic policies to rank G20 countries' progress in phasing out support to fossil fuels. We find at least USD 584 billion per year between 2017 and 2019 in public support for fossil...
Briefing: Greenhouse Gas Pollution Estimates of Proposed U.S. Fossil Fuel Infrastructure
Stopping these fossil fuel projects would prevent a drastic increase in GHG pollution at a time when it is imperative to decrease emissions to meet domestic and international climate goals, including the Paris Agreement that President Biden rejoined.
Companies set to make £11.6 billion windfall on UK oil and gas in 2022
This briefing shows that companies are set to make £11.6 billion windfall on UK oil and gas in 2022 and why the UK government is missing this opportunity to fund an energy transition.
Unburnable Carbon in Protected Areas
This new analysis shows that over 47 Gigatonnes of CO2 could be released by extracting and burning fossil fuels from within protected areas.