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Bloomberg
Total SE has had the fastest start in the race between oil supermajors to achieve net-zero carbon emissions.
Europe’s three largest oil and gas companies — Total, BP and Royal Dutch Shell — all announced plans last year to eliminate most greenhouse gas emissions from their operations and the fuels they sell in the coming decades. It marked a turning point for the petroleum industry in the region, and heightened its divergence from US majors that have yet to make such pledges.
While the French company was the last one to announce the shift, it has since covered the most ground. Total has acquired the most renewable electricity for its portfolio through acquisitions such as its $2.5 billion deal with Indian renewable firm Adani Green Energy.