The Fossil Fuel Treaty: A global plan for a fossil-free future

Type: Campaign briefings
Date: 22 January 2024
Campaigns: Climate

The climate crisis is being increasingly felt around the world. But in the global south, people who have done little to cause the crisis are already seeing their homes and communities regularly destroyed.

Fossil fuels are undeniably to blame. Despite this certainty, and the abundance of clean energy available around the world, fossil fuel expansion is being approved and funded, and countries’ emissions reductions are falling woefully short of what is needed to halt the climate crisis.

At the UN’s 2023 annual climate conference (COP28) world leaders committed for the first time to a transition away from coal, oil and gas. But the agreement they made was full of gaping loopholes.

CEOs and shareholders of polluting fossil fuel companies will profit most from climate chaos. When Rishi Sunak approved the Rosebank oilfield, he committed roughly £3 billion of UK public money to subsidise it, despite knowing most of the profits would go to Norwegian oil giant Equinor.

Corporate power is out of control: big oil is driving the climate crisis, with the UK government along forthe ride, and UN conferences seemingly unable tohit the brakes. We need a solution that complements the COP process, creating a global mandate for a fast and fair fossil fuel phase out; dismantling the climate-wrecking business models of polluting corporations in the process. That solution is the Fossil Fuel Non-Proliferation Treaty – a global exit plan from fossil fuels.

You can order copies of our A4, six-page leaflet from [email protected]