Tag Archives: Oil Change International

Global Climate Movement Warns Nations Have Just 6 Months to End Fossil Fuel Finance

“The pandemic has shown that governments can rapidly mobilize massive sums of public money,” says one campaigner. “This is the moment to do it, and accelerate the transition.”

By Brett Wilkins  Published 5-19-2022 by Common Dreams

Clean energy advocates march in an anti-fossil fuel protest in San Francisco. (Photo: Greenbelt Alliance/flickr/cc)

More than 120 civil society groups from around the world on Thursday warned that nations have only six months left to meet a collective commitment made at last year’s United Nations Climate Conference to end public financing of fossil fuels.

The organizations detailed steps nations must take as soon as possible to comply with their obligations under the Glasgow Statement on International Public Support for the Clean Energy Transition, a product of last year’s COP26 summit. Continue reading

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As Climate Summit Ends, Activists Say ‘Hollowed-Out’ Deal Leaves 1.5°C Goal ‘On Life Support’

Critics also warn that “COP26 will be remembered as a betrayal of Global South countries—abandoned to the climate crisis with no money for the energy transition, adaptation, or loss and damage.”

By Jessica Corbett.  Published 11-13-2021 by Common Dreams

COP26 president Alok Sharma. Photo: Bank of England/flickr/CC

Faced with new research showing a significant gap between current commitments to cut planet-heating emissions and the Paris agreement’s 1.5°C target, negotiators from nearly 200 countries on Saturday struck a deal that critics say falls short of what is needed to tackle the climate emergency.

The agreement came out of COP26, the United Nations climate summit in Glasgow, Scotland that was scheduled to wrap up Friday. As talks spilled over into Saturday, global campaigners expressed frustration with what they called “a clear betrayal by rich nations.” Continue reading

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House Dems Unveil Bill to Stop Wall Street From Destroying the Planet

“The Federal Reserve’s role is not to surrender our planet to corporate polluters and shepherd our financial system to its destruction,” said Rep. Rashida Tlaib, among the Democrats urging the Fed to end fossil fuel financing.

By Kenny Stancil, staff writer for Common Dreams.  Published 9-15-2021

The Marathon Oil refinery in St. Paul Park, MN. Photo: Tony Webster/Wikimedia/CC

Progressives on Wednesday applauded Democratic Reps. Mondaire Jones, Ayanna Pressley, and Rashida Tlaib for unveiling a bill that would prevent Wall Street from continuing to bankroll fossil fuels, the primary driver of the climate emergency.

The Fossil Free Finance Act (pdf) would require the Federal Reserve to mandate, via regulation or guidance, that all banks and other financial insitutions with more than $50 billion in assets phase out the funding of coal, oil, and gas extraction as well as industries linked to deforestation, in accordance with science-based targets for slashing carbon pollution. Continue reading

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Report Reveals Indigenous Resistance Disrupts Quarter of US and Canadian Emissions

“The numbers don’t lie. Indigenous peoples have long led the fight to protect Mother Earth and the only way forward is to center Indigenous knowledge and keep fossil fuels in the ground.”

By Jessica Corbett, staff writer for Common Dreams.  Published 9-1-2021

Water protectors stop construction of Energy Transfers Partners’ Bayou Bridge Pipeline in 2017. (Photo:Indigenous Environmental Network)

Indigenous resistance to fossil fuel projects in the United States and Canada over a recent decade has stopped or delayed nearly a quarter of the nations’ annual planet-heating pollution, according to a report released Wednesday.

The greenhouse gas pollution for Turtle Island, the land now known to settler nation-states as North America, totaled 6.56 billion metric tons of carbon dioxide equivalent in 2019—5.83 billion metric tons CO2e for the U.S. and 727.43 million metric tons CO2e for Canada. Continue reading

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In Final Hours, COP 25 Denounced as ‘Utter Failure’ as Deal Is Stripped of Ambition and US Refuses to Accept Liability for Climate Crisis

“The only thing more disastrous than the state of UN climate negotiations at COP 25 is the state of the global climate.”

By Julia Conley, staff writer for Common Dreams. Published 12-14-2019

Youth activists occupying the COP 25 space in protest against the inaction and slow response of governments failing to address the #ClimateEmergency. Photo: Climate Action Network International/Twitter

After the COP 25 climate talks on the Paris climate agreement went into overtime Friday night amid a stalled agreement on wealthy countries’ contributions to greatly reducing their climate-warming carbon emissions, civil society groups and climate scientists were shocked by the weak language that emerged from the late-night talks on Saturday.

The latest text includes an “invitation” for countries to communicate their mid-term and long-term climate plans, and the majority of delegations, which attempted to push countries including the U.S. towards ambitious climate targets, were unable Saturday to sway the U.S. away from language regarding carbon markets. Continue reading

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Trump to Add ‘Tasteless Insult to Injury’ by Promoting Fossil Fuel Deregulation in Shadow of Fatal Chemical Fire

“It’s no surprise that Trump is once again taking an action championed by climate deniers and fossil fuel companies.”

By Jake Johnson, staff writer for Common Dreams. Published 4-8-2019

A chemical plant fire at 16503 Ramsey Road in Crosby, Texas on Tuesday, April 2. (Photo: Harris County Fire Marshal’s Office)

Just a week after a chemical plant explosion killed one worker and spewed thousands of pounds of dangerous pollutants into the air in Crosby, Texas, President Donald Trump is reportedly planning to visit that city Wednesday to sign executive orders to speed up approval of pipelines and other fossil fuel projects.

“In coming to the location of a deadly fossil fuel-related explosion to sign an order that would gut states’ power to protect residents from the hazards of oil and gas pipelines, Trump is adding tasteless insult to the injury he is inflicting on our planet,” Wenonah Hauter, executive director of Food & Water Watch, said in a statement. Continue reading

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Demanding Lawmakers Forge ‘Path Away From Climate Suicide,’ Groups Kick Off Green New Deal Push

“We have no time to lose in the fight to avoid irrevocable climate chaos.”

By Jessica Corbett, staff writer for Common Dreams. Published 2-4-2019

A coalition of progressive groups has launched a week of action to demand a progressive Green New Deal from federal lawmakers. (Photo: Friends of the Earth/Twitter)

Building on the grassroots momentum that has thrust the Green New Deal onto a national stage, a coalition of progressive groups on Monday launched a week of action to demand climate leadership from federal lawmakers, calling for a plan to fully phase out fossil fuels and rapidly reform industries that produce massive amounts of planet-warming emissions while also promoting economic justice.

“To take action on climate change at the scale of the crisis, we need a Green New Deal,” declared May Boeve, executive director of 350.org. “It’s time for all progressive lawmakers to take real climate action and support a massive federal investment to bring health, safety, and justice to people and the planet.” Continue reading

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