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Chevron Seeking To Lower Carbon Emissions While Raising Shareholder Returns

By John F. Heerdink, Jr.

As per reports, Chevron Corporation (CVX) is working to achieve a lower carbon energy system, and lessen dependence on fossil fuels embracing a lower carbon future, informed its CEO, Mike Wirth in a CNBC interview.

The company is seeking to provide high returns to shareholders while lowering carbon emissions with its initiatives such as hydrogen, nuclear fusion, and technologies to scale the projects. This year in September, Chevron entered a joint venture called CalBioGas LLC, with California Bioenergy and local dairy farmers to convert biomass into clean energy. The partnership will include renewable natural gas production from dairy farms in Kern County, north of Los Angeles.

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide.  To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Chevron CEO says company is embracing, investing in a lower carbon energy system in CNBC)


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