"We need to include all fossils & we want stronger language on the ban of expansion of new extraction & production. To be serious about keeping 1.5 alive we need to include those targets in the cover decision by the end of today" - H.E. Mr. Seve Paeniu, Min' of Finance, Tuvalu Image
"The energy & equity outcomes of COP go hand in hand. Keeping 1.5 alive means accelerating the equitable phase out of coal, oil & gas. We need a strong outcome that builds on Glasgow & acknowledges the science. If we don't see that, we'll be calling #COP27 a failure" - @catabreu_ Image
"Fossil companies present at COP have affected the decisions made. Lack of consideration for oil & gas phase out shows this COP has failed African people. We need stronger text around fossils - this is a major backtrack from last year" - Lorraine Chiponda Image
"For the 1st time in 3 decades major oil & gas producing countries have called for phase out. We need strong language to be put in the COP decision text. A major blocker of this is the Egyptian COP27 Presidency." - @ajeansu

Put #PhaseOutFossils in the text. Image
"There can be no mincing of words. We have to be clear & precise. We will accept nothing less. Let the call go forth from here that we demand the end of fossil fuels and its use, and we demand equity and compensation." - John Beard, Port Arthur Community Action Network Image

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More from @PriceofOil

Nov 20
“In a crucial year, this COP made NO progress towards the just + equitable phase-out of fossil fuels we so desperately need.”

@esbast on why #COP27’s outcome was deeply problematic despite key progress on #LossAndDamage.

Full response from our experts: priceofoil.org/2022/11/20/cop…
The most important advances at #COP27 happened outside the official UNFCCC process, where our movement for climate justice grows stronger everyday.

Initiatives like @beyondoilgas, the Glasgow Statement on Public Finance, @mpsfossilfree, @fossiltreaty + more are leading the way. Image
“Throughout #COP27, civil society has demanded we #PhaseOutFossils & called for rich countries to pay up for climate debt. People power will force an equitable end to fossil fuels + just transition to renewable energy.”

– Executive Director @esbast Image
Read 7 tweets
Nov 17
Nnimmo Bassey (@NnimmoB) of HOMEF (@EcoHomef) and Oilwatch (@oilwatchafrica1) introducing an important event at #COP27 “Beyond Climate Fig Leaves: Demanding Climate Debt"

Quotes from powerful speakers in a 🧵 below 👇 Image
“We are demanding payment for climate debt on the basis of justice, human rights, and self determination.”

- Noble Wadzah, Oilwatch Ghana (@oilwatchafrica1)
#COP27 Image
“We can make the impossible possible. Those who have passed on have given us the drive to address climate change. Solidarity is the power that will let us make change.”

- Makoma Lekalakala, Earthlife Africa (@Earthlife_JHB)
#COP27 Image
Read 6 tweets
Nov 16
LIVE FROM #COP27: What's needed from the 39 countries & institutions who promised to #StopFundingFossils abroad by the end of this year?

Follow along with us here as @vanessa_vash, @LaurenceTubiana, @AsianPeoplesMvt, @GrupoGFLAC and more give an update🧵
eventbrite.com/e/cop27-side-e…
@vanessa_vash @LaurenceTubiana @AsianPeoplesMvt @GrupoGFLAC The Glasgow Statement was a bright spot of COP26, as the 1st international pledge to deal not just with coal finance but oil & gas as well!

If signatories follow through, it will directly shift at least USD 28 billion a year from fossils to clean 🌅 iisd.org/publications/r…
@vanessa_vash @LaurenceTubiana @AsianPeoplesMvt @GrupoGFLAC This public finance matters because it shapes our future energy systems, often tipping the ⚖️ on which projects get built, and which don't. But instead of building a just, renewable future wealthy countries are still using it to lock in more fossils! priceofoil.org/g20-at-a-cross… Image
Read 20 tweets
Nov 16
Happening now: "We as civil society are holding governments to account and demanding that phasing out ALL fossil fuels must be in the #COP27 cover text. Moving backwards from Glasgow would be a failure." - @mayboeve
"The fossil fuel industry is directly responsible for the destruction we are seeing around the world. At #COP27 the current cover text does not even mention fossil fuels. We want all fossil fuels to be mentioned, b/c they are all responsible for the climate crisis." - @harjeet11
"There is nothing that will stop [the industry] from making the profits shareholders want to see. We're going to continue to let [govt's & ff industry] know there will be repercussions for their actions. We must remind govt's that their loyalty is to the people." - @OmarElmawi
Read 7 tweets
Nov 16
Today at #COP27, we @priceofoil released a briefing peeling back the curtain on the oil & gas industry’s expansion plans: the new extraction approved in 2022 & what’s in the queue for 2023-2025ーunless govts put a stop to it ➡️ priceofoil.org/investing-in-d…

A thread 🧵
First, let’s look at the deep hole the fossil fuel industry has already drilled, dug, and fracked us into. 🔥Oil & gas fields already producing or approved PRIOR to 2022 would cause 490 GtCO2, if fully extracted. 🔥

That alone is enough to push the world past 1.5C warming.
Yet, the oil and gas industry keeps digging the hole deeper. We find new fields & fracking wells approved in 2022 + on the brink of approval in the next 3yrs would lock in an extra 70 Gt of CO2. That’s equal to 17% of the world’s remaining 1.5C carbon budget. #InvestingInDisaster
Read 12 tweets
Nov 15
Today, @thulimakama @PriceofOil introduced the @oilwatchafrica1 press conference on Ending Colonial Extraction at #COP27 in Sharm El-Sheikh

A thread of quotes and images from the brilliant panel below ⬇️
“The new colonialism is corporations…” Noble Wadzah of Oilwatch Ghana @oilwatchafrica1
“What we mean when we say colonial extractivism… some countries have 90% of exports coming from extraction… we need to create new societies not based on this model.” Ivonne Yanez, Accion Ecologica, Ecuador @AcEcologica
Read 6 tweets

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