« TotalEnergies is currently studying a major wind and solar project in Morocco, with a view to exporting electricity to Europe, » declared Patrick Pouyanné, CEO of TotalEnergies, at a very eventful Annual General Meeting on May 26.
Environmental activists, who had vowed to block the event, were unable to carry out their plan, kept at bay by tear gas fired by the police, but the climate emerged as the central theme of this annual meeting, reports AFP.
At the end of three hours largely dominated by this issue, the shareholders, either on site or online, adopted the Group’s Climate strategy, including this project under study in Morocco, by 88.76%.
Although TotalEnergies does not plan to significantly reduce its direct and indirect greenhouse gas emissions within the decade, it does intend to devote a third of its investments to low-carbon energies, and to reach 100 GW of renewable electricity capacity by 2030.
The French group is present in a number of liquefied natural gas and oil projects, in the United Arab Emirates, Iraq, Papua New Guinea and Uganda, with the controversial Eacop heated pipeline project, which has become a high-profile symbol of the anti-oil struggle.
