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Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds
Why $77 billion a year in public finance for oil, gas, and coal is even worse than it sounds

The headline finding is that from 2016 to 2018 G20 countries provided an average of USD $77 billion a year in public finance for fossil fuels.

The dubious fanfare about BlackRock’s social purpose
The dubious fanfare about BlackRock’s social purpose

If you look at BlackRock’s actual investments, you could be forgiven for thinking that their purpose is to drive civilization off the climate cliff while profiting from the wreckage.

A Green New Deal to Save People and the Planet
A Green New Deal to Save People and the Planet

The real answer to the climate change crisis lies in changing the way we manage, extract, use and distribute Earth’s natural resources.

OECD, It’s Time for Export Credit Agencies to Stop Funding Fossil Fuels
OECD, It’s Time for Export Credit Agencies to Stop Funding Fossil Fuels

As they gather in the shadow of the UN Climate Conference, ECAs must cease business as usual and finally move in a new and more sustainable direction by ending all support of fossil fuels by 2020 at the latest.

Senators, don’t put Ex-Im Bank’s fossil fuel financing back in business
Senators, don’t put Ex-Im Bank’s fossil fuel financing back in business

After providing almost $6 billion annually to fossil fuels from 2013 to 2015, the U.S. export credit agency – the U.S. Export-Import Bank (Ex-Im) – has been unable to finance large fossil fuel projects for the past two years.

G20 countries need to stop using export credit agencies to finance fossil fuel projects
G20 countries need to stop using export credit agencies to finance fossil fuel projects

Originally posted on Devex. by Kate DeAngelis, international policy analyst While some world leaders, such as South Korean President Moon Jae-in and French President Emmanuel Macron, have spouted lofty rhetoric about phasing out coal and other forms of dirty energy domestically, their pledges ignore their countries’ contributions to climate change outside their borders. Although at least seven major countries — including CanadaFrance, and Germany — have made commitments to phase out…

Study supports Keep It in the Ground call to President Obama
Study supports Keep It in the Ground call to President Obama

Our public lands and water are “over-leased” according a new study from EcoShift Consulting, for the Center for Biological Diversity and Friends of the Earth.

The study – Over-Leased: How Production Horizons of Already Leased Federal Fossil Fuels Outlast Global Carbon Budgets – suggests that avoiding the worst of climate catastrophe requires not only ending new federal fossil fuel leases, but also keeping significant amounts of already leased fossil fuels in the ground.

Despite protests, Japan gives lifeline to dangerous fossil fuel projects
Despite protests, Japan gives lifeline to dangerous fossil fuel projects

As other countries move away from coal and increase their renewable energy capacity, Japan is doubling down on fossil fuels, and continues to heavily finance coal and gas projects both domestically and all over the world. Japan is doing this at a time when scientists’ warnings are becoming more dire about the impacts of climate change and the need to immediately shift to renewables. Earlier this year, scientists found…

1.4 million call on the Obama administration to end offshore drilling
1.4 million call on the Obama administration to end offshore drilling

Today, representatives from Friends of the Earth, Environment America, Environmental Action, Natural Resources Defense Council, Oceana, Sierra Club, Surfrider and the World Wildlife Fund delivered 1.4 million comments collected from frontline communities, concerned citizens and organizations all over the U.S. to call for no new offshore drilling.

Yesterday marked the closing of a 90-day comment period on the proposed 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program. The proposal includes 13 lease sales…

Victory! Obama administration cancels oil and gas auction near Chaco Canyon
Victory! Obama administration cancels oil and gas auction near Chaco Canyon

Those fighting to protect New Mexico’s Chaco Canyon from dangerous oil and gas development just won a major victory. Yesterday, the Obama administration announced the cancellation of an oil and gas lease auction scheduled for October. On the table were 2,122 acres near the Chaco Culture National Historic Park, a UNESCO World Heritage Site that holds thousand-year-old artifacts of Navajo culture.

The Obama administration cited ongoing environmental assessments and tribal consultation as reasons for…