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, .
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
-
General Considerations for Control and Choke Valves Used in Offshore Oil and Gas Production
The application of control and choke valves used in offshore oil and gas production is a very broad field and in this article, some of the main considerations for valve selection will be addressed.
-
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.
-
The Pulp and Paper Industry
The pulp & paper industry has seen tough times, but the business will still be around for many decades; the product is too much in demand.
 Unloading large gate valve.jpg;maxWidth=214)
