The rise of oil prices, driven by high demand through cold weather – particularly in the US – has seemingly topped out at $65 per barrel (Brent crude), as freezing conditions have resulted in a similar disruption to the country’s oil output. About 4 million barrels of daily refining capacity has been shuttered as well as over 1 million barrels per day of oil production facilities. Many anticipate that much of this will take several weeks to recover. France’s oil major Total has set itself a new target to develop 100 GW of renewable energy capacity by 2030 – more than promised by current market leaders Orsted (30 GW), Iberdrola (90 GW), and only marginally behind Enel (120 GW). This…