fbpx

Stay Informed. Stay Competitive. Get Free Email Updates Dow 30 & Emerging Growth

Stay Informed. Stay Competitive.

Get Free Updates

Dow 30 & Emerging Growth

Chevron’s New Fund To Invest $300 Million Targeting Low-Carbon Technology Initiatives

By John F. Heerdink, Jr.

Reportedly, Chevron Corp (CVX) has launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas aim to invest more in green energy and manage climate change. Energy giants are working on exploring investments in renewable energy & green technology reducing greenhouse gas emissions amid rising pressure from investors and activists.

Chevron Technology Ventures launched its first Future Energy Fund in 2018 and has further invested in a number of companies in the field that are working on carbon capture and energy saving. Last month, Chevron invested in Blue Planet Systems Corp, a startup that builds a substitute for limestone in building materials and concrete from carbon dioxide.

In October the company also formed a joint venture to market dairy biomethane, a renewable source of natural gas made of methane emissions from cattle burps to reduce emissions.

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.

Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.


Post View Count : 150
(Read Original Story: Chevron launches $300 million fund to focus on low-carbon technology in Reuters)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us