Reuters reports that Chevron is investing into Blue Planet Systems, a carbon capture startup.
- Advancing carbon capture technology is essential for lowering our emissions and keeping energy prices low.
- Chevron, as well as other oil companies, have begun to invest in low-carbon energy sources in an effort to lower emissions and lessen their impact on the environment.
- Market demands, not mandates, are forcing corporations to consider their impact on the environment.
“Last year, Chevron said it was investing in nuclear fusion start up Zap Energy Inc as energy companies face increasing pressure from investors to reduce emissions, spend more on low-carbon energy and disclose the impact of their fossil fuel production on climate change.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
