TotalEnergies signs Australian offset deal, eyes fire management schemes in Africa

Published 08:18 on November 18, 2021  /  Last updated at 09:38 on November 19, 2021  /  Africa, Asia Pacific, Australia, EMEA, International, Voluntary Market  /  No Comments

French oil major TotalEnergies has committed to participating in developing a large-scale soil carbon project in Australia, and to apply Aboriginal fire management techniques to offset schemes in sub-Saharan Africa, it announced Thursday.

An earlier version of story indicated that TotalEnergies and Corporate Carbon had developed the savanna fire management method in question. But the two companies will only sell credits from projects using the method, while the method itself was developed by ISFMI.

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