Report: Phasing Out Fossil-Fuel Subsidies in the G20: A Progress Update
In our second review of progress in meeting this phase out commitment we conclude that the G20 effort is currently failing.
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Fracking Fiasco: The Banks That Fueled the U.S. Shale Bust
A new report by Oil Change International and Rainforest Action Network (RAN) shows how major banks have continued pouring money into fracking companies in recent years despite numerous warnings that the sector was financially unsustainable — on top of the...
As Big Oil loses $70 billion in 2020, it faces a credit risk downgrade.
As Big Oil loses billions, the global ratings agency, S&P has announced it was placing ExxonMobil, Chevron, Shell and Total on a so-called “credit watch”.
Time to Vote in the EU Worst Lobby Awards
It’s that time of year again. Over in Europe, a coalition of NGOs is running the “Worst EU Lobbying Awards” and one of the categories for this year’s award is “climate”. There are three nominees for companies and organisations who...
MPs Demand More Help for North Sea Workers as UK Shifts to Renewables
Call comes as world energy ministers descend on London for energy security summit
RELEASE: Oil Change International responds to G7 failure on fossil fuel subsidies, G6 recommitment to Paris Agreement
FOR IMMEDIATE RELEASE May 27, 2017 CONTACT: Alex Doukas, alex [AT] priceofoil.org Reaction: G7 leaders cave in the face of fossil fuel cronyism, fail to recommit to ending fossil fuel subsidies by 2025 In response to the G7 Leaders’ Communiqué released...
Study shows wealthy countries must begin a managed phase-out of fossil fuels
As the oil and gas sector experiences a chaotic decline during COVID-19, a new peer-reviewed study outlines how policymakers can plan for a more resilient future through an equitable phase-out of production.
Briefing: Overseas players should not dominate distributed renewable energy sector in Africa
A new briefing released by Oil Change International details how the growth of distributed renewable energy in Africa has so far failed to include locally-owned companies and initiatives. The sector has been growing rapidly since 2013 — especially for companies...
Fracking Fiasco: New report names Wells Fargo and JPMorgan Chase as main players funding U.S. shale bust
A new report by Oil Change International and Rainforest Action Network (RAN) shows how major banks have continued pouring money into fracking companies in recent years despite numerous warnings that the sector was financially unsustainable — on top of the...
Last Chance Alliance: Gov. Gavin Newsom’s State of the State long on climate, short on action
"The 'California Way' means protecting vulnerable communities and being a national leader in confronting climate chaos. Newsom has a huge chance to do both, but it will require bold action and follow-through, not just nice words," said Rees.