Who Is Paying To Subsidize Oil Companies? You Are.
Oil companies are benefiting from public subsidies for carbon capture and blue hydrogen technologies that don’t work.
Oil companies are benefiting from public subsidies for carbon capture and blue hydrogen technologies that don’t work.
The methane industry is pitching “certified gas” that it sells for a premium. Certified by who? That’s the question.
Fossil fuel funding from wealthy countries continues to exceed their pledges to shrink the amount they give to prop up the industry.
A new report slams Wells Fargo and JP Morgan Chase for being the largest funders of fracking companies in the years since the Paris Climate Accords were signed.
A new report from a collection of leading NGOs takes a deep dive into how banks around the world are fueling the climate crisis. The report, called Banking On Climate Change, finds that 35 banks have poured a staggering $2.7 trillion into dirty energy projects from 2016 to 2019…
The “Stop the Money Pipeline” Mobilization aims to end the financing of fossil fuels and deforestation.
A draft proposal circulating through the boardroom of the European Investment Bank recommends terminating all further investments in fossil fuels effective 1/1/2021. The bank currently provides about $3 billion a year in financing for the fossil fuel industry.
A new report published this week shows that 33 global banks provided $1.9 trillion to fossil fuel companies since the adoption of the Paris Climate Agreement at the end of 2015 and that the amount of fossil fuel financing has increased in each of the past two years.
Oil Change International is asking the G20 countries to reject plans to invest up to $1.6 trillion in new natural gas development, claiming that doing so will make it impossible to meet the goals agreed to in the Paris climate accords.
A new report released this week and endorsed by over 50 organizations around the world reveals that 36 of the world’s biggest banks funneled $115 billion into fossil fuels in 2017, an 11% increase over 2016 levels despite it being the costliest year on record for weather disasters.