🚨 BREAKING: Oil giant @IthacaEnergy made £1 billion in cash last year, whilst paying out £316 million in shareholder payments.

£281 million of those payments will flow to Ithaca's parent company Delek Group, which operates in Occupied Palestinian Territory.

🚨 We're demanding major banks to cut ties with Ithaca Energy if they move ahead with Rosebank

Alongside 80 other orgs, we're warning banks against funding Ithaca if they want to avoid reputational, legal, and financial risks.

We will #StopRosebank .

⚡️🔋 Our new report - The Greatest Generation - unpacks why public power can deliver net zero faster, fairer and cheaper.

Our 🧵 of 🧵s explains why public coordination of the transition is better on cost, coherence, and certainty than market primacy.

common-wealth.org/publications/t…

BREAKING: Activist confronts Norwegian ambassador on state-owned oil giant Equinor's climate wrecking and profiteering.

Today, they announced £29 billion in profits.

Norway wants to open the Rosebank oil field in the UK and get a £3 billion tax break for it. Lauren MacDonald🌻 #StopRosebank

NEW: In 2023, BP invested 7 times as much in fossil fuels ($9.3bn) and distributed 10 times ($13.1 bn) as much to shareholders as it invested in “low carbon” ($1.3 bn).

Big Oil won’t deliver a just transition for people and planet.

Too many politicians are becoming addicted to vaping... I mean, oil.

We need to stop that.

Who owns the North Sea?

Explore our interactive map from Sophie to find out who profits from oil and gas extraction👇

common-wealth.org/publications/w…

Within days of fossil fuels taking centre stage at COP28, Uplift & Greenpeace have today filed separate legal challenges against the UK government's disastrous decision to approve the Rosebank oil field.

🧵 on the many reasons Uplift think it's unlawful:
thetimes.co.uk/article/climat…

#KingCharles has just given the opening address at #COP28    .

Less than a month ago, in a speech written by the UK government, King Charles confirmed Rishi Sunak's plan to mandate for new oil and gas licenses.

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Today Rishi Sunak will try to greenwash his image at the global climate talks but Possible's Hirra Khan Adeogun hirra. حرا exposes the truth. #COP28 #COP28 UAE

NEW: Legislation announced during King’s Speech to allow oil and gas companies to bid yearly to explore for more oil and gas in the North Sea.

New oil and gas WON'T lower bills or improve energy security, but will wreck the climate.

#KingsSpeech

Who really benefits from hundreds more oil and gas licences? Us, or profiteering oil giants?

What the UK Government doesn't want you to know 👇

#KingsSpeech

The UK gov today announced the award of 27 new oil & gas licences--part of the 100 licences it's been talking about awarding since late last year. Oil and gas licensing will also likely feature in the King's speech next week.
🧵on why this is bad politics rather than good policy

Privatisation of the National Grid is failing, costing households more and slowing a secure energy transition.

Read our paper to explore the alternative solution 👇

common-wealth.org/publications/g…

For more on our work on the National Grid, explore our report👇

common-wealth.org/publications/g…

In no universe does it make sense for UK taxpayers to lose out to a foreign oil company in a cost-of-living crisis, over a project which won’t provide affordable energy but will heat the world.

Me in the The Yorkshire Post on #Rosebank

yorkshirepost.co.uk/news/opinion/c…

.Financial Times giving Equinor free rein to do their self-promotion in their pages ahead of #Rosebank oilfield approval came with some damning consequences☠️

A true case study for banning #FossilAds now🚫

Financial Times when will you show true climate leadership and screen out big polluters?🧐

Yesterday hundreds of people protested against Sunak's reckless decision to approve the Rosebank oil field.

Trashing net zero pledges and approving new oil will:

- Keep energy bills high
- Wreck the climate
- Harm our economy

The fightback is on!

Fossil Free London #StopRosebank

The Norwegian company that owns Rosebank is getting a £3.75 BILLION tax break from the UK.

They admitted the oil is being sold on the global market.

They also admitted it won't do anything to bring down our bills.

Sound like a good idea? Tell The Times and The Sunday Times what you think

👇👇👇

All the reasons that the UK government's decision to approve Rosebank is a disaster for the climate, the UK economy and the millions of households struggling with their energy bills (but great news for Equinor & Ithaca)--in 60 seconds.