TotalEnergies’ bet on gas means no big emissions cut by 2030

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TotalEnergies’ bet on gas means no big emissions cut by 2030
France Dernières Nouvelles,France Actualités
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TotalEnergies plans to boost its liquefied natural gas output by 40% this decade

French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business, executives said in an update on its climate strategy on Tuesday.Chief Executive Patrick Pouyanne said the company should not be held accountable for its customers’ combustion of fuels it sells, adding that when TotalEnergies sells gas to replace more polluting coal, this was a net positive for the climate.

“ the volume of Scope 3, we put 400 million but we did not lower that target because we don’t consider that we have an impact on some of it,” Pouyanne said. Mark van Baal, founder of the climate activist group Follow This, said “TotalEnergies has no targets that lead to absolute emissions reductions by 2030...Setting a Paris-aligned medium-term target covering Scope 3 is paramount.”

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