As we work to reduce Gigs, our collective challenge is to create solutions that protect the environment without undermining the growth of the global economy. We believe that a successful climate policy will be one in which the reduction Of Gigs is accomplished equitably by the top emitting countries Of the world through long-term and coordinated national frameworks. Carbon Sequestration Chevron participates in the Carbon Sequestration Leadership Forum, an international climate change initiative focused on development of improved, cost-effective technologies for the separation and capture of carbon dioxide.
In the 2012 CDC (formerly known as the Carbon Disclosure Project) report, we ranked in the top tier of the energy sector. CDC conducts an annual global review of companies’ climate change disclosures and performance. Our score of 88 was two points higher than last year, revealing that we are on the right track when it comes to managing and reducing emissions. Investing in Research, Development and Technology Chevron also supports research to explore technologies that may reduce missions or improve efficiency.
Through our Chevron Technology Ventures (C IN) business unit, we identify, develop and commercialism emerging technologies that have the potential to transform energy production and use.