LNG Impacts to Biodiversity in the Gulf South
Currently, there are 36 liquefied natural gas terminals and expansion projects proposed, under construction or actively operating in the United States, with 28 concentrated in the Gulf Coast. Liquefied natural…
Financing A Fossil-Free Future: Rainforest Action Network’s Role in Historical Fossil Fuel Phase-Out Summit
Last week in Santa Marta, Colombia, the world took a meaningful step towards ending its fossil fuel dependency. The first-ever country-level talks on pathways for transitioning away from fossil fuels…
Financing a Fossil-Free Future: A Roadmap for Realigning Public and Private Finance with a Just and Managed Fossil Fuel Phase Out
Financial systems continue to enable fossil expansion while shielding its beneficiaries from accountability. A credible and durable phase-out therefore requires aligning financial rules, incentives, and regulations with climate goals and human rights and biodiversity protections.
Louisiana Communities & Global Allies Condemn Banks That Enabled CP2 LNG to Reach Final Investment Decision
Cameron Parish, Louisiana — Communities on the frontlines of Venture Global’s LNG expansion express deep disappointment and moral outrage following the announcement that many major financial institutions (Bank of America,…
Doubling Down on Sinking Ground: The Financial Risks of US Gulf Coast LNG Export
LNG export in the US Gulf coast is a risky business. Alongside the human rights, climate and biodiversity impacts of the industry itself, the operation and expansion of methane gas liquefaction and its export infrastructure poses significant medium and long-term material financial risks to the investors, financiers and insurance companies involved.
Tokio Marine Receives Human Rights Grievance Over Venture Global Operations
Stakeholders in Louisiana and Japan filed a comprehensive human rights grievance against Tokio Marine Group based on documented harms of Venture Global’s Calcasieu Pass 1 LNG concerning pollution and economic…
Insurance needs to be real about the science of climate crisis
Captain Ray Mallet isn’t sure why the shrimp stopped coming up the channel once the three methane export terminals arrived in his home of Cameron Parish, Louisiana. It could be…
Chubb Change: No Longer Insuring Calcasieu Pass LNG (CP1) for $1.5 Billion
Locals Ask: If Chubb No Longer Insures CP1, Can It Stop Insuring Other Harmful Methane Terminals? CAMERON, LA — An insurance certificate obtained through a public information act request for…
Chubb Becomes the 30th Major Insurer to Reject the East African Crude Oil Pipeline (EACOP)
For Immediate Release Date: 16 April 2025 Kampala, Uganda – The East African Crude Oil Pipeline (EACOP) faces more challenges as Chubb, one of the world’s largest fossil fuel insurers,…