Source: Oil Change International

Articles from this source (9)

Over 320 Organizations Reject the COP28 Presidency’s “Oil and Gas Decarbonization Charter” - Oil Change International

  2023-12-02 by in Oil Change International

Dubai, December 2, 2023 – A letter published today by over 320 organizations on six continents rejects “Oil and Gas Decarbonization Charter,” the COP28

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New Data: Shut Down 60% of Existing Fossil Fuel Extraction to Keep 1.5°C in Reach - Oil Change International

  2023-08-16 by in Oil Change International

When you are in a hole, the first step is to stop digging. New data shows the majority of the fossil fuel reserves within active fields and mines must stay in the ground to maintain a liveable climate.

  Tagged under: Climate Change

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New report: Commitment to end international finance for fossil fuels is shifting billions, but key countries breaking promises missing in action - Oil Change International

  2023-03-15 by in Oil Change International

Promise Breakers, a report released today by Oil Change International, reveals that the stop funding fossils commitment forged at COP26, is already shifting an estimated USD 5.7 billion per year out of fossil fuels and into clean energy, with the potential of a further 13.7 billion per year if all signatories fulfill their commitments.

  Tagged under: COP26 | Fossil Fuels | Finance

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Promise Breakers: Assessing the impact of compliance with the Glasgow Statement commitment to end international public finance for fossil fuels - Oil Change International

  2023-03-15 by in Oil Change International

New research shows stop funding fossils commitment forged at the 2021 UN climate summit is already shifting an estimated USD 5.7 billion per year out of fossil fuels and into clean energy. If all signatories fulfill their commitments, then a further 13.7 billion per year will be shifted out of fossil fuels and into clean energy.

  Tagged under: Climate Change | Fossil Fuels | Finance

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British Parliament urges Government to set a "clear date" to end North Sea drilling - Oil Change International

  2023-01-05 by in Oil Change International

An influential committee of British MPs is calling on the British government to accelerate the transition from fossil fuels and set a “clear date” for the end of new oil and gas licensing in the British North Sea.

  Tagged under: Fossil Fuels

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Study: Existing oil, gas, and coal extraction sites need to be closed down to stay within 1.5C, findings show - Oil Change International

  2022-05-17 by in Oil Change International

A new peer-reviewed study published in Environmental Research Letters finds that existing oil, gas, and coal extraction sites need to be closed down to stay within 1.5C. The study, led by researchers at Oil Change International and the International Institute for Sustainable Development, finds that nearly 40% of developed fossil fuel reserves need to stay in the ground to keep the 1.5°C limit in reach.

  Tagged under: Coal

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Despite climate emergency, the United States, Canada, and Norway "pumping more oil than ever" - Oil Change International

  2022-01-19 in Oil Change International

Last year the world’s leading climate scientists, the IPCC,  issued a “code red” for humanity and outlined how we had to stop oil and gas drilling if we wanted a liveable future. But still we drill. Take three countries who like to see themselves as climate leaders...

  Tagged under: IPCC | Climate Change

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Briefing: Greenhouse Gas Pollution Estimates of Proposed U.S. Fossil Fuel Infrastructure - Oil Change International

  2021-10-12 in Oil Change International

Stopping these projects would prevent a drastic increase in emissions at a critical time for Biden and the entire world's climate goals.

  Tagged under: Joe Biden | Greenhouse Gases | Climate Change

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Oil Change International response to BP’s new commitment to major cuts in extraction by 2030 - Oil Change International

  2020-08-04 in Oil Change International

The commitment is the first from a Big Oil and Gas company to recognize that significant reductions in oil and gas production must occur within this decade.

  Tagged under: BP

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