Chevron commits to 2050 net zero "aspiration"
The company responds to rising investor and societal pressure to play a bigger role in a transition to a low-carbon future.
Edited by Margo Ellis
Share
Chevron Corp. committed to an “aspiration” of net zero emissions from its operations by 2050 as it responds to rising investor and societal pressure to transition to a low-carbon future, reported Reuters.
Chevron also set a target of reducing carbon intensity by 5% from 2016 levels by 2028 for the full lifecycle of its products, the company said Monday in a report.
The current global shortage of natural gas, along with the run-up in oil and coal prices over the past few weeks, emphasizes how the world is still highly dependent upon fossil fuels.
RELATED CONTENT
-
Paint & Coatings
A walk through a typical valve distributor’s warehouse will yield a contrasting view of either silver or black products.
-
Testing of Hydrogen Valves
Valves are used to control all types of fluids, and while some are easy to manage, others can be a challenge. At the top of the challenging list sits hydrogen, the smallest, lightest molecule known to man.
-
The Basics of Eccentric Plug Valves
Wastewater systems present many challenges to pumps and valves because the flow can contain grit, solids and debris, depending where in the process the equipment is located.
 Unloading large gate valve.jpg;maxWidth=214)