This new briefing from Oil Change International shows that G7 countries, which have both the capacity and the responsibility to be leaders in phasing out fossil fuels, are not walking the walk – at home or abroad: some G7 countries are massively expanding fossil fuel production at home, while others are investing in more fossil fuel infrastructure abroad. Both are catastrophic failures of leadership, which the G7 has a responsibility to correct.
Global Policy
COP28 President points again to 1.5ºC “North Star”, but UAE expansion plans still on the table
“Since COP28 in Dubai, both producers and importers of fossil fuels have a responsibility to accelerate the transition away from them. While COP28 President Al Jaber is right to point out that fossil fuel demand needs to decline rapidly, this cannot be an excuse for the massive expansion of fossil fuels planned by his own company, ADNOC, and the five rich global north countries responsible for the majority of planned oil and gas expansion to 2050, led by the United States.”
Response to Azerbaijan announcement of Mukhtar Babayev as COP29 President
“We need a shift away from the business-as-usual threatening lives and wrecking the climate, but Azerbaijan appointing another lifelong oil man to lead the next UN climate talks pushes us closer to the abyss,” said Rees.
Oil Change International responds to new countries joining Beyond Oil and Gas Alliance & global south transition grant at COP28
“As COP28 negotiations for a full phase out of fossil fuels progress, today’s announcements show that fossil fuel phaseout is not a pipe dream: new and existing members of the Beyond Oil and Gas Alliance show it is possible and urgent to take the right steps to keep oil and gas in the ground and support a global phase out of fossil fuel production.”
Draft Global Stocktake presents historic opportunity to secure fossil fuel phaseout agreement
“Global leaders have to deliver a full package. We will not accept weak outcomes only on coal or renewables, and without addressing the primary driver of the climate crisis, fossil fuels. We need countries to reach an agreement that includes a just and equitable phase out of all fossil fuels, with rich countries agreeing to phase out fastest, as well as a rapid phase in of renewables, a doubling of energy efficiency, and rich countries agreeing to redirect trillions in finance from fossil fuel industry handouts to support the transition in the form of grants, not loans.”
Oil Change International response to COP28 Leaders’ summit summary
Leaders expressed ambition to keep Paris goals within reach, highlighted opportunities to cut emissions in every sector, and emphasized the need for a “phase down of fossil fuels in support of a transition consistent with limiting warming to 1.5°C”.Â
Over 100 Organizations Urge COP28 President in Open Letter: Rethink Fossil Fuel Strategy
Two weeks prior to COP28, a coalition led by 350.org and Oil Change International, comprising over 100 organizations, express grave concerns in an open letter regarding the energy strategy outlined by the COP28 president in two recent communications.
Report confirms governments’ fossil fuel expansion plans would blow 1.5°C limit
Today the UN published the 2023 Production Gap Report, confirming governments’ plans to produce more than double the amount of fossil fuels in 2030 than is compatible with limiting warming to 1.5°C, despite climate promises. By 2050, planned fossil fuel production is projected to be 350% above levels consistent with the 1.5°C limit.Â
Fossil fuel phase out top of the agenda at COP28 preliminary talks
As countries conclude preliminary talks in Abu Dhabi ahead of the UAE-hosted COP28 climate summit, an agreement to phase out fossil fuels has taken center stage as a key expected outcome.
New Data: Shut Down 60% of Existing Fossil Fuel Extraction to Keep 1.5°C in Reach
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.