$500 million fund to invest in lower carbon future
Chevron Technology Ventures (CTV) recently announced its $500 million Future Energy Fund III. The fund will support the evolving energy system by investing in companies that are developing lower carbon technologies.
Carbon capture, utilization and storage (CCUS): CCUS can help reduce the carbon intensity of industrial operations.
Hydrogen: As the most abundant element in the universe, hydrogen presents many opportunities for a lower carbon future.
Lower carbon intensity fuels: Renewable fuels, including biodiesel made from seed oils and animal byproducts, offer sources of alternative energy.