04/11/2016 - Press release

OGCI announces $1 billion investment to accelerate development and deployment of innovative low emissions technologies

LONDON, UK, NOVEMBER 4, 2016 – The Oil and Gas Climate Initiative (OGCI) today announced an investment of $1 billion over the next ten years, to develop and accelerate the commercial deployment of innovative low emissions technologies.

-OGCI Climate Investments to fund new ventures and projects that have the potential to significantly reduce emissions

-Initial focus on deploying carbon capture, use and storage on a wide scale; enhancing the role of gas by reducing methane emissions along the value chain; and improving energy efficiency in both transport and industry.

Learn more by accessing the press release on total.com.