Their windfall, our climate and cost-of-living crises.
Lorne Stockman (@lornestockman)
Windfall for them. Climate and cost of living crises for us.
substack.com
Lorne Stockman
@lornestockman.bsky.social
Research Co-Director at Oil Change International. Countering oil & gas industry narratives.
Tax them. Support working families to transition to clean energy. It's simple.
Lorne Stockman (@lornestockman)
Record profits for oil refiners. Ongoing climate & affordability crisis for the rest of us. If we had leaders, they would tax these companies and fund the transition.
substack.com
📣 Our new report finds that the Trump admin’s energy + AI “dominance” policies + hostility to renewables will make it even harder for working families to afford their energy bills. Thanks to Trump, the wholesale price of fossil gas could DOUBLE over the next decade, outpacing inflation every year.
1/ Here’s a snapshot of tankers currently heading to the U.S. to load up on crude. It took weeks to offload oil already in transit when U.S./Israel attacked Iran. THIS buffered the initial shock. Now that the cushion is gone, the disruption is intensifying. 🧵👇
Trump's Iran debacle may not be your classic oil grab. But if the US wasn't awash in oil and gas, would it be happening?
Oil Change International@oilchange.org · 4mo ago1/ Nothing says “America First” better than decimating the global economy while boasting about turning a profit. 🧵👇 Read more from @lornestockman.bsky.social: oilchange.org/blogs/trumps...
Fossil fuel stocks are exploding in response to the war on Iran. Who stands to benefit? The richest of the rich. Who stands to lose? All of us who have to pay higher prices for energy and a new round of sellers' inflation.
9/ The world’s continued dependence on globally traded oil and gas not only poses a grave threat to the climate but also to economic stability, and the prospects of peace and security for billions of people around the world. Read the deep dive : oilchange.org/blogs/trumps...
Trump’s War on Iran: As People Are Killed, Big Oil’s Windfall Will Deepen Our Energy Affordability Crisis - Oil Change International
Trump’s illegal war with Iran has already taken a devastating human toll. It could also mean higher energy bills worldwide, while fossil fuel companies, traders, and investors get rich.
oilchange.org
Trump’s illegal war with Iran has already taken a devastating human toll. It could also mean higher energy bills worldwide, while fossil fuel companies, traders, and investors get rich. Read our deep dive: oilchange.org/blogs/trumps...
Trump’s War on Iran: As People Are Killed, Big Oil’s Windfall Will Deepen Our Energy Affordability Crisis - Oil Change International
Trump’s illegal war with Iran has already taken a devastating human toll. It could also mean higher energy bills worldwide, while fossil fuel companies, traders, and investors get rich.
oilchange.org
Who stands to profit, and who stands to pay, from Trump’s play for Venezuela’s oil? ⬆️Profit: Big Oil + major investors ⬇️Pay: The people of Venezuela, US taxpayers + our climate 🧵 Get into the details with us: bit.ly/4swOFsK
Trump’s reckless grab for power, riches, and oil in Venezuela
Who stands to profit, and who stands to pay? “Ten years from now, twenty years from now, you will see; oil will bring us ruin. Oil is the Devil's excrement" – Juan Pablo Pérez Alfonso…
bit.ly
The IEA has presented its methane emissions abatement cost curve every year since 2017, highlighting the low cost of action. Methane reduction pledges cover 80% of global oil & gas production, but the data shows rising emissions. [Read my Substack here: lornestockman.substack.com/p/voluntary-...
My first substack! Since the Global Methane Pledge was launched in 2021, oil & gas methane emissions have grown 4.5%, in line with production growth. I trace the history of the IEA’s methane emissions abatement cost curve and question whether voluntary action will ever deliver results.
Lorne Stockman (@lornestockman)
Since the Global Methane Pledge was launched in 2021, oil & gas methane emissions have grown 4.5%, in line with production growth. Despite 8 years of the IEA modelling the low cost of emissions abatem...
substack.com
this is a good and interesting analysis. The IEA has said *for years* that the o&g industry is making progress on reducing methane; that methane reductions would pay for themselves (more gas to sell); and that its low hanging fruit. Very little evidence of progress. And industry continues to expand
Oil Change International@oilchange.org · 11mo agoSince 2017, the Int'l Energy Agency has told the world the fossil fuel industry can reduce its emissions of toxic, planet-warming methane at little to no cost to itself. But industry keeps failing to clean up its act. Methane emissions are still rising in lockstep with production. bit.ly/47YXaVt
We can’t trust fossil fuel megacorporations to voluntarily reduce their climate pollution. A liveable climate + safe and healthy communities require a just transition away from fossil fuels. Read more in the new blog from our Research Director, @lornestockman.bsky.social: bit.ly/47YXaVt
The Oil & Gas Industry is Gaslighting the IEA on Methane Emissions - Oil Change International
For eight years, the International Energy Agency (IEA) has presented research indicating that oil and gas companies can reduce their prolific methane emissions cost-effectively. For eight years…
bit.ly
April 5 is a national day of action to fight back against the Trump admin's unprecedented power grabs and attacks on our climate and communities. Find a rally near you: handsoff2025.com @indivisible.org
Hands Off!
Donald Trump and Elon Musk think this country belongs to them. They're taking everything they can get their hands on and daring the world to stop them. On Saturday, April 5th, we're taking to the stre...
handsoff2025.com
America's demand for fossil gas is set to increase - no, not for stuff like heating homes or the power grid - but almost entirely due to the fact that sending gas overseas is itself a process that consumes HUGE amounts of gas www.eia.gov/todayinenerg... www.eia.gov/todayinenerg...
In solidarity with the Ogoni. The struggle continues..
Oil Change International@oilchange.org · 2y ago🚨 We stand with Ogoni people against plans to resume oil production in their lands. 30 years after Ken Saro-Wiwa's execution, Nigeria's government threatens to repeat history of environmental destruction and human rights violations. oilchange.org/blogs/in-sol...
1/5 Trump's Day One executive orders are a full-scale assault on climate action, delivering returns on the $75 million fossil fuel companies spent to elect him. Our statement: oilchange.org/news/oil-cha... And 🧵
Oil Change International Statement on Trump’s Day One Assault on Climate Action
As Donald Trump prepares to take office as the 47th president, fossil fuel executives are expecting a return on the $75 million they spent to elect him. Trump’s Day One executive orders represent a…
oilchange.org
Great thread by @ndreschang.bsky.social on the DOE LNG study. The market analysis is a welcome change that shows that LNG increases emissions because it displaces emissions-free energy more than it does coal or gas. This is, after all, the 2020s not the 1990s. The methane analysis? Not so much.
Andres Chang@ndreschang.bsky.social · 2y ago🔑 The DOE analysis ignores the "coal vs. LNG" debate, instead focusing on LNG's market impacts. If this was strategic, it was good strategy. The old guard "emissions displacement" approach was indefensible. And it foregrounds methane estimation Qs that are still the O&G industry's home turf 1/10
🔑 The DOE analysis ignores the "coal vs. LNG" debate, instead focusing on LNG's market impacts. If this was strategic, it was good strategy. The old guard "emissions displacement" approach was indefensible. And it foregrounds methane estimation Qs that are still the O&G industry's home turf 1/10
🚨The Department of Energy just released an analysis of the impacts of liquified natural gas (LNG) exports. It shows that LNG exports: 😷Harm communities’ health and safety 💰Raise prices for working families 🌪️Accelerate the climate crisis
New report alert! 📢 ⚠️ Energy supplies and resources to produce energy play a critical role in Israel’s ongoing military operations and unlawful presence in the Occupied Palestinian Territory (OPT). ⚠️ Read our new report ‘Powering Injustice’ and share widely! ⤵️ www.somo.nl/powering-injustice/
From coal to oil and gas to wind and solar, Israel uses its energy supply, much of which is imported, to wage war and entrench its illegal occupation. Time to hold the countries and corporations involved to account.
Powering Injustice report - Supplying energy to Israel - SOMO
Exploring the legal consequences for States and corporations involved in supplying energy to Israel. Read the report.
somo.nl
"This underscores why the Palestinian struggle is, and must be taken as, a climate issue. Such deals drive our increased reliance on fossil-fuel colonialism and perpetuate the unyielding profit of hydrocarbon corporations.
Leaking Imperialism | Transnational Institute
A missile attack on an Israeli gas platform and Hezbollah's drone strike highlight the growing vulnerability of Israel’s energy infrastructure amid its military expansion. With gas supplies crucial to...
tni.org
Israel destroyed 83% of plant life in Gaza by June this year. It destroyed 70% of its agricultural land. It damaged or destroyed 65% of water tanks and 47% of groundwater wells. Israel has deliberately tried to make Gaza uninhabitable. This is genocide.
I stand with Antonio!
Elizabeth Bast@esbast.bsky.social · 2y agoAs the fossil fuel industry feels pressure, campaigners increasingly face retaliation. We stand in solidarity with long-time ally Antonio Tricarico and ReCommon in the face of oil giant Eni's escalating attacks against civil society. www.recommon.org/en/eni-denou...
Anyone in NOVA want a ticket to the English Beat tonight at State Theatre, Falls Church, DM me.
