Total chief executive drives an electric car, but only on weekends
The oil giant exec drives an electric Renault.
The oil giant exec drives an electric Renault.
Sad news out of Russia today, as it's being reported that Christophe de Margerie, the chief executive of France's Total Oil, has been killed along with three other people after their plane collided with a snow plow on the tarmac of Moscow's Vnukovo International Airport.
A little over two years ago, the big news was that automaker General Motors had invested in start-up cellulosic ethanol company Coskata. This week, we learned that a giant from another industry, French oil company Total, has put a lot of money (the total amount was not disclosed) into Coskata, leading a Series C prime funding round. I
Speaking of discussing how to spend government money with an eye to the future, the CEO of the oil company Total said that the world is not prepared for the oil demands of the next decade and needs to invest in finding and tapping into new oil reserves. Speaking to the BBC, Christophe de Margerie (pictured) said that, "If we don't move [now] there w