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

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

Chevron commits $10 billion to low-carbon projects - Fox Business
Sep 15, 2021 27 secs

Market data provided by Factset.

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

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