Deeper into the Abyss
As the oil runs out, the fight is on to find more of the black stuff. The problem for the international oil majors, such as BP and Shell, is that most of the remaining oil is controlled by national oil...
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2026
2026
Statement on the G7 Energy Ministers’ Reaffirmed Commitment to Phase Out Fossil Fuel Subsidies
"G7 countries must turn words into action and develop a detailed roadmap for phasing out fossil fuel subsidies by 2025. For Canada, this responsibility ultimately lies with Environment and Clean Growth Minister Catherine McKenna and Finance Minister Bill Morneau," said...
OCI Statement on the Fossil Fuel Dimensions of Russia’s Invasion of Ukraine
Russia’s invasion of Ukraine one year ago is a wake-up call to stop dependence on unstable and war-driven fossil fuels, and instead transition to reliable renewable energy. Oil companies are both fueling and profiting from this crisis, while the rest...
Biden at risk of breaking climate promise with $500 million of public finance for LNG imports in Poland
Next week, the U.S. International Development Finance Corporation is likely to consider a $500 million guarantee to help Polish oil and gas company PKN Orlen increase its imports of U.S. LNG, violating Biden’s commitment to end public finance for fossil...
US Export-Import Bank Approves Staggering $500 million for Bahrain oil and gas drilling project
Today the board of the US Export-Import Bank (EXIM) approved $500 million to expand oil and gas production in Bahrain, despite Biden’s commitment to end international public finance for fossil fuels made in 2021.
Exposing Japan’s dirty secret as world’s top fossil fuel financier
It’s easy to lose touch with reality at the annual UN climate negotiations, also known as COP. The buzz and energy of tens of thousands of people at the UN’s annual conference focused on one of humanity’s greatest crises is...
Big Oil Bonanza: U.S. and European companies responsible for nearly USD100 billion to Putin & profiteering billions more from war
No words will ever be able to describe the full horror of war. The bombs, the bullets, the trauma. The wanton destruction of life. Hopes and dreams evaporated.
A Not So Happy New Year for the Tar Sands in 2018
Although Canada’s controversial tar sands industry celebrated a small increase in production last year, this year’s forecast is looking gloomy, as investors continue to take flight over the climate risks and the relatively low oil price means that other oil...
Air Pollution Kills 9 Million; Costs $5 Trillion A Year
Pollution is the largest environmental cause of disease and death in the world today, responsible for an estimated 9 million premature deaths.
Let’s Name the Antarctic Larsen C Iceberg #ExxonKnew
"Exxon's climate denial created this iceberg. It should be named after it too".