11/04/2016 News

OGCI announces a $1 billion investment to accelerate the development and deployment of low emissions technologies

On November 4, 2016, the Oil and Gas Climate Initiative (OGCI), of which Total is a member, announced the creation of the OGCI Climate Investments, with an investment of $1 billion over the next ten years. OGCI Climate Investments will support startups and innovative projects that have the potential to significantly reduce emissions.

 
The initial focus will be set on deploying carbon capture, use and storage on a wide scale; enhancing the role of gas by reducing methane emissions along the value chain; and improving energy efficiency in both transport and industry.

 

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