Chevron commits $10 billion to low-carbon projects - Fox Business

Sep 15, 2021

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Mutual Fund and ETF data provided by Refinitiv Lipper.

Aside from the investment, Chevron reiterated its goal of cutting carbon intensity – defined as emissions compared to total energy produced -- by 35% through 2028 compared to 2016 levels.

So far, Chevron has declined to set a target date to reach net-zero carbon emissions.

In April, President Biden set a target of cutting economy-wide greenhouse gas emissions by 50-52% by 2030 as part of his goal to reach net-zero emissions by 2050.

Mutual Fund and ETF data provided by Refinitiv Lipper