Climate Changed
Chevron Says Climate Change Fallout No Quick Threat to Oil
- Report addresses risks from sustainable development scenarios
- Oil major has “very slim” chance of stranded assets: Nelson
Fighting Climate Change, Without the U.S.
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Climate change is critical to future energy markets but its effect on Chevron Corp.’s oil and gas business will be minimal for decades to come, according to a company report.
With the prospect of tighter emission controls, carbon pricing and growth in renewable energy, some investors and activists are pushing companies to reveal the potential impact on their businesses. The risk for shareholders is that some projects become loss-making as the demand for oil and gas ebbs.