A French Senate report released on Wednesday is calling on the government to scoop up a “golden” share in giant TotalEnergies in an attempt to gain a strategic veto on issues related to climate change and any notion the company may have of relocating to American shores.
The Senate commission of inquiry, which conducted over 40 hearings to determine whether the energy giant was aligned with national climate goals, examined “the mobilized and mobilizable means by the State to ensure compliance by TotalEnergies with climate obligations and of the orientations of France's foreign policy”.
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