Total announces further land grabs to offset its emissions


An article from Mongabay news portal alerted the announcement of French oil giant Total Energies for developing a 40,000 hectare monoculture plantation in the savannahs of the Republic of Congo to offset its emissions. The project, which will plant non-native acacia trees, will be managed by its own Nature Based Solutions Unit. Total, in partnership with the French timber consultancy Forêt Ressources Management (FRM), aims to also produce timber from the industrial plantation in order to generate further profits. Several indigenous and peasant communities are to be affected by the project. While setting up this massive offset tree plantation project, Total is also engaged in exploring oil extraction in two blocks in the north of the country's rainforests. At the same time, Total is expanding its liquified gas extraction projects all around the world. Read the article in English here.