EMEA > Europe > TotalEnergies raises annual spend on carbon credits to $48 mln

TotalEnergies raises annual spend on carbon credits to $48 mln

Published 09:30 on February 8, 2024 / Last updated at 09:30 on February 8, 2024 / / EMEA (Europe), International, Nature-based Carbon (Other NbS), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Governance)

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French oil major TotalEnergies ramped up investment in carbon credits in 2023, it said in annual results this week, spending nearly $50 million on units across the year, while also posting a 300% year-on-year increase in purchases in the final quarter.
French oil major TotalEnergies ramped up investment in carbon credits in 2023, it said in annual results this week, spending nearly $50 million on units across the year, while also posting a 300% year-on-year increase in purchases in the final quarter.


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