Total fully turns away from coal extraction

​Total has announced of the termination of coal production. It says this is not the consequence of financial difficulties but a conscientious refusal caused by the company’s intention to participate in the fight with the climate change.

Until recently the operator of coal development Total Coal South Africa has been in the structure of Total. In the summer 2014 Total signed an agreement on the sale of its coal production to one of the South African companies. The Government of the South African Republic approved this agreement and on August 20th 2015 it came into force.

In this connection P. Pouyanne, CEO of Total, said that the sale of the coal business meets the company’s general strategy. Realizing the consequences of coal use in the electric energy generation that emits by twice more carbon dioxide at burning than natural gas, the company has decided to correct the direction of its development.