Advisory: Investments in oil and gas production over next 5 years will lock-in more than 1.5°C of global warming

17 organizations to launch new report “Oil, Gas and The Climate: An Analysis of Oil and Gas Industry Plans for Expansion and Compatibility with Global Emission Limits” at COP25 and call for a phase out of production

WHAT: The Global Gas and Oil Network supported by Oil Change International; 350.org; Center for Biological Diversity; Center for International Environmental Law; CAN-Rac Canada; Earthworks; Environmental Defence Canada; Fundación Ambiente y Recursos Naturales: FARN; Global Witness; Greenpeace; Milieudefensie (Friends of the Earth Netherlands); Naturvernforbundet; Observatorio Petrolero Sur; Overseas Development Institute; Platform; Sierra Club; and Stand.Earth will release a report outlining oil and gas sector plans to invest USD 1.4 trillion developing new oil and gas projects between 2020 and 2024. The expert panel will discuss implications for staying below 1.5°C of warming, where new oil and gas projects are planned, and the 25 companies responsible for nearly half of the planned extraction. 

Expansion in the United States, Canada, and Argentina will be highlighted as the countries where most of the new extraction is planned for. Examples of actions to curb new fossil fuel production and restrict financing of new oil and gas production will be presented. 

WHO:

• Tzeporah Berman, International Program Campaign Director, Stand.Earth 
• Kelly Trout, Senior Research Analyst, Oil Change International
• Rebekah Hinojosa, Organizer – Beyond Dirty Fuels, Sierra Club 
• María Marta Di Paola, Directora de Investigación, Fundación Ambiente y Recursos Naturales: FARN 

WHEN: Thursday, December 5, 2019. 2:00 pm CET/8:00am EST

WHERE: The MOCHA Press Conference Room at COP25, livestreamed at https://unfccc-cop25.streamworld.de

The embargoed report and media pack including a Spanish version of the report will be available at 2:30 pm CET/8:30 EST at www.ggon.org. 
 

ISSUE EXPERTS:

In addition to press conference speakers listed above, the following experts are available for interviews during the COP25:

• 350.org – Jamie Henn, Interim US Program Director & Strategic Communications Director
• Center for Biological Diversity – Jean Su, Energy Director, Staff Attorney
• Center for International Environmental Law – Carroll Muffett, Executive Director
• Client Earth – Peter Barnett, Lawyer, Climate Accountability; Raphael Soffer, Lawyer, Energy 
• Climate Action Network Canada – Réseau action climat Canada – Catherine Abreu, Executive Director
• Earthworks – Nathalie Eddy, Field Advocate – Colorado & New Mexico 
• Environmental Defence Canada – Tim Gray, Executive Director; Dale Marshall, National Program Manager
• FARN – Enrique Maurtua Konstantinidis, Asesor Senior de Política Climática 
• Global Witness – Stuart McWilliam, Climate Campaign Manager
• IISD – Vanessa Corkal, Policy Analyst
• Millieudefensie – Laurie van der Burg, Climate and Energy Researcher and Campaigner 
• Naturvernforbundet – Silje A Lundberg, President
• Oil Change International – Hannah McKinnon, Director, Energy Futures and Transitions Program
• Overseas Development Institute – Leo Roberts, Senior Research Officer
• Stockholm Environment Institute – Cleo Verkuijl, Senior Research Fellow

MEDIA CONTACTS:

For interview request and any further information about limiting oil and gas expansion please contact:
Ashita Gona, Climate Nexus, agona@climatenexus.org,  1-919-274-8998
Cara Pike, Climate Access, cara@climateaccess.org, 1-250-709-1861

Media contacts at event in Madrid:
Paulina Resich, International Institute for Sustainable Development, presich@iisd.org, +33620571517
Tom Harrison, Global Gas and Oil Network, tom@ggon.org, 00447842 918037