the human energy company
“Reducing carbon emissions today requires partnership and collaboration, because no one company, industry or nation—acting alone—can meet the world’s energy and climate goals,” says
Chevron CEO Mike Wirth. The company has committed to nearly 100 development projects focusing on both lowering the carbon intensity of its operations and growing lower-carbon businesses. “We expect our lower carbon capital to more than triple versus prior guidance to over $10 billion between now and 2028 to progress our energy transition goals,” Wirth notes. With the company’s history of entrepreneurial mindset and quick decision-making, Chevron New Ener
gies can be in a position to “build the lower carbon energy system of tomorrow” through carbon capture, says President of New Energies Jeff Gustavson. Chevron expects to put more than $2 billion over the next six years towards carbon abatement projects in order to push the company along the pathway to net zero.
“Reducing carbon emissions today requires partnership and collaboration, because no one company, industry or nation—acting alone—can meet the world’s energy and climate goals.” —Mike Wirth
CEO, Chevron