The Intergovernmental Panel on Climate Change (IPCC)’s latest report on global warming of 1.5 degrees provides a compelling scientific case for winding down the fossil fuel industry as quickly as possible.
OilWire Issue #5: Drilling protests greet GCAS; Trans Mountain quashed; Aramco IPO halted
Last week, San Francisco, California was a focal point for debate around this critical question: What does it mean to show leadership in tackling the climate crisis?
OilWire Issue #4: Fracking bans get a boost; Will Ireland lead again?; Oil workers strike from UK to Gabon
With deadly heatwaves and record wildfires hitting communities across the globe, the stakes for shifting off fossil fuels are hitting home for millions of people this month. Resistance to oil and gas expansion is also heating up.
OilWire Issue #3: Breaking news from Ireland; Top UK investors push oil decline; Falling RE prices pressure gas
Over the past month, prominent investors have urged both governments and the oil industry to begin planning more seriously for a carbon-free future.
OilWire Issue #2: A new bulletin on the path off of oil & gas
Through the first half of 2018, we’ve seen a growing list of countries take first steps to place limits on fossil fuel production. The world will need more of these ‘first movers’ if we’re going to close the stark gap between current climate pledges and the ambition needed to achieve the Paris goals.
Welcome to OilWire: A new bulletin on the path off of oil & gas
The data is clear: Already operating oil and gas fields and coal mines – those the industry has invested in extracting – contain more fossil fuel than the world can afford to burn if we’re going to stay within the Paris climate limits.