Chevron Has Reality Check for ‘Aspirational’ Big Oil Carbon Goal

(Bloomberg) — Mike Wirth didn’t beat around the bush Tuesday: Chevron Corp. won’t go carbon neutral anytime soon.Wirth, chief executive officer of the second-largest U.S. oil company, called the goals set by many European rivals “aspirational.” Instead, he said, Chevron will take a more realistic path for a major producer of fossil fuels with “concrete actions” to reduce carbon emissions within its own operations.“We’ve not set long-term targets that we’re not exactly sure how we will get to,” Wirth said in an interview with Bloomberg TV. “Our approach has been, get on the path, start taking actions, set short-term accountability …read more

Source:: Yahoo Finance

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