Phasing Out Fossil Fuels
In 2021, the International Energy Agency surprisingly announced that the world needs zero further investment in new oil and gas projects if we are to stay within 1.5 degrees of global warming. By 2035, the IEA advises carbon-free electricity in all advanced economies and no new sales of internal combustion engines. How will fossil fuel suppliers respond? Will they pivot to decarbonizing their products, or will they dig in and resist change?
We research and advocate for the policies and political coalitions necessary to ramp down fossil fuel extraction and consumption by 2035.