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Oil Change International Profile picture
@PriceofOil
Nov 20 • 8 tweets • 2 min read Twitter logo Read on Twitter
1/ We just released a new report titled “Biden’s Fossil Fuel Fail: How U.S. Oil + Gas Supply Rises under the Inflation Reduction Act, Exacerbating Environmental Injustice.”

Here’s the short version:

🧵👇 #EndFossilFuelspriceofoil.org/2023/11/20/fos…
2/ The IRA & Biden's policies fail to reduce oil + gas production or alleviate impact on environmental justice communities.

How do we know?

We examined previously unpublished data by @Rhodium_Group an independent research group that analyzes U.S. energy + emissions under IRA.
3/ The model predicts a decrease in demand for oil + gas in the U.S. — but U.S. oil production increases by 13% and gas production rises by 7%. That’s not how we #EndFossilFuels. Image
4/ How is it possible for oil + gas production to increase while demand decreases? Oil + gas exports, already at record levels, are projected to soar.

Gas exports could DOUBLE by 2035, while oil + petroleum product exports could rise by 23%. #EndFossilFuels
5/ Why does it matter? The IRA almost certainly won’t be enough for the US to reach its climate goals. The data suggests a 16-18% gap in reaching @potus' 2030 emission reductions target and even further from 1.5• aligned Paris Agreement, in part to our refusal to #EndFossilFuels
6/ Failing to #EndFossilFuels hurts communities in areas of oil + gas production, processing, + exports.

Black, Brown, Indigenous + poor communities, esp. in Appalachia, Gulf Coast + Permian Basin, are disproportionately hit by pollution, climate disasters, + health impacts.
7/ This deadly combo — boosting fossil fuel production + export while exacerbating pollution in EJ communities — makes a mockery of the IRA’s “climate bill” label + Biden’s claims of U.S. “climate leadership.” #EndFossilFuels

Read the full report: priceofoil.org/2023/11/20/fos…
8/ What's next? Science says we must #EndFossilFuels to reach 1.5ºC.

At #COP28, all eyes will be on efforts to end the fossil fuel era.

Will the U.S. play a positive role, or will Biden’s legacy be further marked by deadly oil + gas expansion + failure to tackle climate crisis?

• • •

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More from @PriceofOil

Oil Change International Profile picture
Oct 9
✊For US #IndigenousPeoplesDay we want to uplift our report: Indigenous Resistance Against Carbon


Read on 👇:priceofoil.org/2021/08/31/ind…
➡️ Indigenous resistance has stopped or delayed greenhouse gas pollution equivalent to at least one-quarter of annual U.S. and Canadian emissions.
➡️ Indigenous resistance to carbon over the past decade has stopped projects equivalent to 400 new coal-fired power plants, or roughly 345 million new passenger vehicles.
Read 5 tweets
Oil Change International Profile picture
Sep 20
After over 600,000 people took action across the world to #EndFossilFuels this weekend, the UN's Climate Ambition Summit has now started!

Will world leaders take real action toward a #FastFairForever phase out of fossil fuels? Follow along here⬇️
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"The future of our humanity is in your hands," says @antonioguterres in his opening speech. Watch the livestream:

📺: rb.gy/o3n7z
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@antonioguterres "Pursuit of profit over the wellbeing of humanity is not right, it is unjust," says Samoan Prime Minister Fiamē Naomi Mataʻafa. "The time has come to truly commit to climate action!" #ClimateAmbitionSummit @samoagovt Image
Read 5 tweets
Oil Change International Profile picture
Sep 17
This week by the numbers:

600,000 people.
700 actions.
65 countries.
All 7 continents.

THIS. IS. INCREDIBLE.

But numbers don't do it justice. This is a big, beautiful climate movement & we're calling on world leaders to #EndFossilFuels NOW. No more talk, we need action!


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Even more pictures of actions around the world over the past few days call on leaders to #EndFossilFuels!


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And here are a few more #EndFossilFuels action photos! So many amazing actions!


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Read 4 tweets
Oil Change International Profile picture
Mar 8
Tomorrow, global fossil fuel pusher General Electric (GE) is holding its annual ‘investor conference’, a high-stakes event at which the company will try to paint itself as a green, clean energy leader to investors. @generalelectric and @GE_Vernova risk hurting communities
#TheEnergytoChangetheWorld is generated by wind and solar, not dirty fossil gas and LNG as @GE_Vernova plans for our future. Investors, urge @generalelectric not to risk its reputation locking in decades of pollution and fuelling the climate crisis. $GE
marketforces.net/ge
Investors in @generalelectric and @GE_Vernova should focus on a genuine #EnergyTransition that ensures a safe climate future with renewable power ⚡️🌞, not climate-wrecking fossil fuels like gas and LNG. $GE
marketforces.net/ge
Read 4 tweets
Oil Change International Profile picture
Nov 20, 2022
“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.
“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
Read 7 tweets
Oil Change International Profile picture
Nov 18, 2022
"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
Read 5 tweets

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