At Chevron, we recognize and share the concerns of governments and the public about climate change. The use of fossil fuels to meet the world's energy needs is a contributor to an increase in greenhouse gases (GHGs)—mainly carbon dioxide (CO2 )—in the Earth's atmosphere.
GHGs come from a variety of sources: power generation, transportation, agriculture and land use, manufacturing, and other activities. Fossil fuels—coal, crude oil and natural gas—release carbon dioxide during production and consumption. Fossil fuels are also the primary source of energy for the global economy, which is in the midst of a prolonged expansion that is contributing to a rising quality of life in many parts of the world, particularly in developing countries. According to the International Energy Agency's World Energy Outlook, global energy demand will be at least one-third higher in 2035 than it was in 2011, depending on future government policies. The majority of that energy will be provided by fossil fuels, even as lower-carbon alternatives continue to emerge.
Chevron is committed to researching and understanding GHG emissions from the use of fossil fuels in our operations. We are also committed to improving our energy efficiency and researching how to deliver volumes of alternative fuels at scale in the future.
As we work to manage GHGs, our collective challenge is to create solutions that protect the environment without undermining the global economy. To learn about our GHG management efforts, see Greenhouse Gas Management and read Additional Information on Chevron's Greenhouse Gas Management Activities (132 KB).
Guided by our Policy Principles for Addressing Climate Change Chevron is working internationally and at the U.S. federal and state levels to contribute to climate change policy discussions. Our stance reflects a balanced approach to addressing climate change through short- and long-term measures. We believe that a successful climate policy will be one in which GHG management is accomplished equitably by the top emitting countries of the world through long-term and coordinated national frameworks.
Learn how Chevron is addressing climate change:
Updated: May 2014