Climate activists say the company is focusing on offsetting emissions from oil and gas, but not on cutting outputChevron's offices in Los Angeles, California, the US. Pictrue: REUTERS/LUCY NICHOLSON
Chevron outlined plans to develop hydrogen energy, biofuels as well as carbon capture. It reaffirmed a goal of paring greenhouse gas intensity by 35% by the end of 2028 compared with 2016 levels from its oil and gas output. Chevron said it would expand renewable natural gas production to 40-billion British thermal units per day and increase renewable fuels production capacity to the equivalent of 100,000 barrels a day to meet customer demand for renewable diesel and sustainable aviation fuel.
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