The Big Oil Reality Check report finds that the climate pledges and plans of 8 international oil and gas companies fail to align with international agreements to phase out fossil fuels and to limit global temperature rise to 1.5ÂşC.
Reports
Banking on Climate Chaos 2024: Fossil Fuel Finance Report
Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JP Morgan Chase, Mizuho, and Bank of America are worst 3 funders
Public Enemies: Assessing MDB and G20 international finance institutions’ energy finance
This new report, “Public Enemies: Assessing MDB and G20 international finance institutions’ energy finance” looks at G20 country and MDB traceable international public finance for fossil fuels from 2020-2022 and finds they are still backing at least USD 47 billion per year in oil, gas, and coal projects.
Troubled Waters: How North Sea Countries Are Fueling Climate Disaster
The countries that produce oil and gas from the North Sea (Norway, the UK, the Netherlands, Germany, and Denmark) rank among the countries with the greatest economic capacity and responsibility to rapidly phase out extraction, and to finance just transitions to renewable energy solutions domestically and abroad.
On Thin Ice: Norway’s Fossil Ambitions and the EU’s Green Energy Future
This report finds that the EU’s demand for gas is set to decline significantly in line with climate targets, eliminating the need to expand supply from new fields or infrastructure. In the report the authors model how EU’s gas demand matches future supply in various forecasted scenarios.
Biden’s Fossil Fuel Fail: How U.S. Oil & Gas Supply Rises under the Inflation Reduction Act
A new report analyzes how the Inflation Reduction Act fails to reduce fossil fuel production or alleviate impact on environmental justice communities, and that current policies will instead lead to a deadly increase in oil and gas production and exports.
New Report: Mapping the network of Norwegian oil and gas interests
A new report commissioned by Oil Change International attempts to map out the potential influence that oil and gas interests may have on other influential stakeholders in Norway.
Planet Wreckers: How Countries’ Oil and Gas Extraction Plans Risk Locking in Climate Chaos
New Oil Change International research shows that only 20 countries, led overwhelmingly by the United States, are responsible for nearly 90 percent of the carbon-dioxide (CO2) pollution threatened by new oil and gas fields and fracking wells planned between 2023 and 2050. If this oil and gas expansion is allowed to proceed, it would lock in climate chaos and an unlivable future.
Changing the Trade Winds: Aligning OECD Export Finance for energy with climate goals
New research shows that Organisation for Economic Co-operation and Development (OECD) countries supported fossil fuel exports by an average of USD 41 billion from 2018-2020, almost five times more than clean energy exports ($8.5 billion).
Certified Disaster: How Project Canary & Gas Certification Are Misleading Gas Markets & Governments
A new report by Oil Change International and Earthworks examines the rapid growth in “certified gas” and exposes on-the-ground failures to detect oil & gas pollution by one of the largest certifiers of methane gas.