OCI response to EIB’s newly approved energy lending policy
This new policy is a signal to the wider financial community that the era of fossil fuels is past.
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2026
2026
Fossil Free ADB reaction to Asian Development Bank draft energy policy
The Asian Development Bank issued its draft energy policy on Friday following the conclusion of its 54th Annual Meeting and clarion calls from the United Nations to end financing for all fossil fuels including gas. This first draft has ruled...
In major shift, IEA World Energy Outlook mainstreams 1.5°C pathway, showing need to end oil, gas, and coal expansion
For the first time, the International Energy Agency (IEA)’s flagship annual report on global energy pathways, used worldwide to influence trillions of dollars in investment, details an achievable roadmap to keep global heating below 1.5 degrees Celsius (°C).
500+ International Groups: Biden Must Stop Fossil Fuel Expansion Ahead of September Climate Summit
More than 500 groups from six continents and 63 countries sent a letter to President Biden today demanding he stop fossil fuel expansion ahead of UN Secretary General Antonio Guterres’s Climate Ambition Summit this September.
Paris Summit at risk of letting fossil fuel companies & Global North leaders off the hook for climate and inequality
Earlier this week a coalition of 150+ economists and policy experts including Yanis Varoufakis, Jason Hickel, Olúfémi O. Táíwò, Nader Habibi, and Isabelle Ferreras sent a letter to Global North leaders, calling on them to pay their fair share for...
Experts react to Japan and South Korea’s joint hydrogen and ammonia initiative
Today, Japanese and South Korean leaders are expected to announce a joint supply network for hydrogen and ammonia at the Asia Pacific Economic Cooperation (APEC) meeting. The initial announcement did not restrict the supply chain to renewable energy-based green hydrogen...
Norway joins 40-signatory partnership to end international public finance for fossil fuels
Minutes ago, Norway joined a major international initiative to end international public finance for fossil fuels today at COP28, called the Clean Energy Transition Partnership.
The 45Q Tax Credit for Carbon Capture & Storage – Costs and Transparency Issues
Researched and written by Doug Koplow (Earth Track) and edited by Lorne Stockman Key Findings: The 45Q tax credit has been greatly expanded in scope and cost since it was first enacted in 2008. There is very little transparency...
Hours after House rejects drilling, Trump makes “aggressive” move to open ANWR
The Trump Administration has signalled its "aggressive" intent to open up the entire coastal plain of the Arctic National Widlife Refuge, long seen as America’s last true wilderness and seen as its Crown Jewels or the America’s Serengeti.
Big News: Oregon says NO to Jordan Cove LNG
Monday, May 6 was a big day in Oregon in the fight against fossil fuels. In a big win for water and our climate, the Oregon Department of Environmental Quality (DEQ) delivered a potentially fatal blow to the Jordan Cove...