Gov. Newsom recognizes need for a managed decline of fossil fuel supply in California
"California can lead the way by showing what a true managed decline can look like, and we applaud Governor Newsom for his recognition of that imperative."
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2026
2026
Statement: COP 25 Fails to Respond to Urgency of Climate Crisis, Capitulating to Big Polluters
"We are living a climate emergency, and anything short of phasing out fossil fuel production with a just and equitable transition is scandalous," said Collin Rees regarding the COP 25 outcome.
Release: Environmental groups demand Congress protect the right to organize unions
In a letter sent today to the U.S. House of Representatives, more than 60 environmental groups called on the chamber to pass the Protect the Right to Organize Act to strengthen labor protections.
Oil Change International Response to IEA Sustainable Recovery Report
In response to the new report released today by the International Energy Agency (IEA), experts at Oil Change International have issued the following statement: "The IEA again misses the mark where it matters the most, completely ignoring the link between...
Over 500 Groups Urge Biden to Order Fossil Fuel Leasing Ban
Over 500 climate, conservation, Indigenous, religious and business groups sent President-elect Joe Biden text for a proposed executive order to ban new fossil fuel leasing and permitting on federal public lands and waters.
New report finds International Monetary Fund must curb its support for fossil fuels
"As many Global South countries face the worst debt crises we have seen in a generation and climate disasters at the same time, the IMF has a lot to answer for," said Bronwen Tucker.
Response: The UK’s decision to lift its fracking ban flies in the face of climate science and will not solve its energy crisis
Contacts Nicole Rodel: nicole [at] priceofoil.org Silje Lundberg: silje [at] priceofoil.org Today, Prime Minister Liz Truss announced the reversal of the UK’s fracking ban, despite advice from the government’s own advisors that such a move will not help lower energy...
BREAKING: Equinor postpones Wisting Oil Field
Today in a huge win for climate, environment, and people, Equinor ASA announced that they are postponing the investment decision on the Wisting oil field in Norway.
OECD risks labeling gas and other fossil-based technologies climate-friendly
The OECD has adopted a new list of “climate-friendly” projects that will benefit from preferential financial terms for export support. But a number of projects are poorly defined, potentially allowing for preferential financial incentives for export credit agency investments in gas.
Climate Expectations for World Bank Group Spring Meetings
"The World Bank cannot be effective on climate action until it stops adding fuel to the fire. We'll be looking to shareholders and Bank leadership to make serious commitments to stop all forms of support for fossil fuels,” said O'Manique.