Study confirms need to redirect billions in Netherland’s fossil fuel subsidies

October 12, 2023By nicolePress Releases, Stop Funding Fossils 1 Comment

Ending fossil fuel subsidies presents a massive opportunity to shift billions to pay for energy efficiency, renewable energy, and climate finance, as well as to social protection measures that can mitigate any harmful impacts on households. If the Netherlands takes action now, it has an opportunity to bring other countries along at COP28, the upcoming UN climate conference in Dubai.

New Research Exposes 5 Global North Countries Responsible for 51% of Planned Oil and Gas Expansion Through 2050

September 12, 2023By nicoleFeatured, Press Releases 4 Comments

Analysis shows just 20 countries are responsible for nearly 90% of carbon dioxide pollution threatened by new oil and gas extraction projects between 2023 and 2050 — with top ‘climate hypocrites’ the United States, Canada, Australia, Norway, and the United Kingdom accounting for a majority. If these 20 Planet Wreckers followed the call from UN Secretary General Guterres to stop new oil and gas fields and licensing, the equivalent to the lifetime carbon pollution of 1,100 new coal plants would be kept in the ground.

REVEALED: Taxpayer-funded fossil fuel projects from the U.S., Germany, and Italy breach international climate commitments

September 6, 2023By nicoleBlog Post, Press Releases, Stop Funding Fossils 1 Comment

Rich countries have continued to approve USD 4.4 billion in international public finance despite committing to end this support by the end of 2022. Six countries including the United States, Germany, Italy and Japan have at least 26 fossil fuel projects awaiting approvals, with Germany having the biggest number of projects pending.

COP28 President declared that the “phase down of fossil fuels is inevitable”

June 8, 2023By Valentina StacklPress Releases 1 Comment

For Immediate Release: 8 June 2023 Today, at the Bonn Climate Conference, the COP28 President designate Dr. Sultan Al Jaber declared that the “phase down of fossil fuels is inevitable” and called for an “energy system free of unabated fossil fuels.” He also called for countries to agree to triple  renewable energy and double energy … Read More