As policy makers decide on the shape and size of stimulus packages, determining economic trajectories for decades to come, climate considerations must be central to their calculations. The worldwide health crisis is affecting every economy and society.
This analysis shows that since the Paris Agreement was made, G20 countries have acted directly counter to it by providing at least USD 77 billion a year in finance for oil, gas, and coal projects through their international public finance institutions.
Korean translation: This analysis shows that since the Paris Agreement was made, G20 countries have acted directly counter to it by providing at least USD 77 billion a year in finance for oil, gas, and coal projects through their international public finance institutions.
Japanese translation: This analysis shows that since the Paris Agreement was made, G20 countries have acted directly counter to it by providing at least USD 77 billion a year in finance for oil, gas, and coal projects through their international public finance institutions.
As the US continues to lead the world in COVID-19 infections and deaths, Big Oil is looking to cash in on the policy response to the crisis. While frontline workers make due without hazard pay or protective gear, the domestic oil and gas industry is using its considerable lobbying muscle to secure a massive windfall at the expense of workers, taxpayers and the climate. Big Oil is not letting the coronavirus go to waste.
Shareholders should encourage Duke Energy and Dominion Energy executives to re-evaluate the prudence of pouring billions of dollars more into the Atlantic Coast Pipeline (ACP). Current events demonstrate that it is time to change course.
We have repeatedly brought serious environmental and human rights concerns (including ongoing fatalities) to the attention of EXIM. It is shocking and unacceptable that despite agency claims that these matters have been remedied, continued fatalities occur.
We write regarding the most recent deaths that have occurred at the EXIM-supported Sasan coal plant and mine in India. This loss of life is completely unacceptable; the U.S. government should not be using taxpayer dollars to support such a deadly project.
In order to prevent further concentration in the face of this crisis, we urge the Treasury Department to direct Title IV funds towards helping small and mid-sized family farmers stay on their land.