This morning, Oil Change International Executive Director Steve Kretzmann joined Representative John Sarbanes (MD-3) and a coalition of environmental groups to endorse the Government by the People Act (H.R. 20), a legislative proposal to enact a system of public funding for elections that would take back influence in politics from big money donors and put … Read More
Author: Shakuntala Makhijani
World Bank Lending Priorities Fall Short on Access to Clean Energy and the Climate Challenge
The World Bank should prioritize energy access by redirecting energy financing away from large fossil fuel projects toward decentralized renewables.
World Bank Group financed $1 billion in fossil fuel exploration projects in 2013
World Bank Group finance for fossil fuel exploration projects from FY2008 to 2013 was highest in 2013, at nearly $1 billion out of $2.7 billion total for fossil fuel projects.
Big Oil Wins Big in Budget Deal
The oil and gas industry makes out particularly well in the budget deal, with the vast majority of its generous subsidies preserved under the new budget. Meanwhile, support for clean energy is on the chopping block.
A Call for Reason in Warsaw: Finance Climate Action, not Fossil Fuel Subsidies
With just a few days left until the 19th Conference of the Parties (COP) of the United Framework Convention on Climate Change (UNFCCC) conference draws to a close, time is running out to reach a meaningful agreement on providing climate finance for developing countries – a key component of the negotiations. But as shown in … Read More
Profits for Oil, Gas & Coal Companies Operating in the U.S. and Canada
Fossil fuel companies operating in the U.S. and Canada made $271 billion dollars in profit in 2012, while continuing to receive billions in subsidies.
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