- Total recently announced the creation of a joint-venture to produce renewable natural gas.
- Renewable natural gas offers much of the appeal of traditional natural gas except that it comes from renewable sources.
- The company already has a very significant position in renewable energy with its portfolio of solar projects around the world.
- Natural gas, solar, and wind power are likely to have much greater growth potential than any other form of energy.
- The company appears able to sustain its 7%+ yield due to its still copious free cash flow generation.
For further details see:
Total: Renewable Natural Gas Adds To Green Growth Engine