By Sarah McFarlane LONDON French energy giant Total SE said it would pay $2.5 billion for a 20% stake in the world s largest solar developer, the latest move by an oil major to expand in renewable power. Total said Monday the investment in Adani Green Energy Ltd. would help it meet its targets for generating more power from low-carbon sources amid a continuing global transition away from fossil fuels a shift some analysts say is being accelerated by the pandemic. The company, along with other oil majors including BP PLC and Royal Dutch Shell PLC, has pledged to increase spending on renewable energy such as wind and solar power in an effort to reduce carbon emissions. Total plans to spend $3 billion a year on renewables by 2030, around 20% of its annual investment budget and up from $2 billion last year.
Karen TownsendPosted at 9:01 pm on January 18, 2021
Share on Facebook
Share on Twitter
This story of a historical first is one we can all get behind. It is a nice palate cleanser from the day’s usual news stories. Major Biden, the Biden’s shelter dog, was honored with a virtual indoguration. The Delaware Humane Association (DHA) and Pumpkin Pet Insurance hosted the event along with Jill Martin of NBC’s
Today. The shelter called it the “largest virtual party for dogs.”
You may remember Major from recent headlines – he is the dog that broke Joe Biden’s foot. For whatever creepy reason, Biden was chasing Major, a German Shepherd, after exiting the shower at his Delaware home. The vision of a naked Biden running through his home after his dog and pulling his tail is one that no one needs. Who can blame the dog for tripping the old man?