Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

NEWS

Environmental groups file complaint against France’s TotalEnergies over climate impact

PARIS (Reuters) – Four environmental organisations have started legal action against France’s largest energy company TotalEnergies over the impact of the group’s oil pipeline development in Uganda and other fossil fuel projects.

Darwin Climax Coalitions, Sea Shepherd France, Wild Legal and Stop EACOP-Stop Total en Ouganda said they have filed a complaint with the Nanterre prosecutor’s office over TotalEnergie’s “climaticide action”.

They say the company approved more fossil fuel projects than any other oil major between 2022 and 2025, including the $3.5 billion East African Crude Oil Pipeline (EACOP) that will help Uganda export its oil to international markets.

“Considering the climate emergency and its global stakes, it’s not possible anymore for companies driven by a vision of short-term profit to put at risk everyone’s future with impunity,” Lamya Essemlali, head of Sea Sheperd France, said in a statement.

“Acknowledging Total’s criminal liability … is a huge step toward climate justice,” Essemlali said.

The environmental groups make four different complaints against TotalEnergies: failing to fight a disaster, involuntary homicide, unintentional injury to persons and destruction or damage of property belonging to a person likely to create a danger to persons.

The complaint was filed with the prosecutor’s office on Sept. 22 and could lead to a judge opening a formal investigation.

A spokesperson for TotalEnergies said the company wasn’t aware of the complaint.

“The company operates in compliance with its operating standards and with laws and regulations. It will respond to requests from authorities if necessary,” the spokesperson said in an email.

Rights group Human Rights Watch said in July that the EACOP project, in which TotalEnergies has a 62% stake, has “devastated” the lives of thousands of people who have experienced delayed or inadequate compensation for their land, and is a disaster for the planet as it will add emissions that exacerbate climate change.

TotalEnergies rejected HRW’s accusations, saying it was respecting all the rights of affected people.

 

(Reporting by Juliette Jabkhiro and Dominique Vidalon, editing by Susan Fenton)

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts