Alternative Energy
The company is developing alternative energy sources, including geothermal, solar, wind, biofuel, fuel cells, photovoltaics, advanced and hydrogen fuel for transport and power technologies through Chevron Energy Solutions and Chevron Technology Ventures. The company plans to spend at least $2 billion on renewable power ventures and research between 2010 and 2013.
In addition to developing its own technologies, Chevron has cut its energy use by a third since 1992 by utilizing hydrogen fuel cells and solar panels at its facilities.
Read more about this topic: Chevron Corporation
Famous quotes containing the words alternative and/or energy:
“If English is spoken in heaven ... God undoubtedly employs Cranmer as his speechwriter. The angels of the lesser ministries probably use the language of the New English Bible and the Alternative Service Book for internal memos.”
—Charles, Prince Of Wales (b. 1948)
“Reckoned physiologically, everything ugly weakens and afflicts man. It recalls decay, danger, impotence; he actually suffers a loss of energy in its presence. The effect of the ugly can be measured with a dynamometer. Whenever man feels in any way depressed, he senses the proximity of something “ugly.” His feeling of power, his will to power, his courage, his pride—they decline with the ugly, they increase with the beautiful.”
—Friedrich Nietzsche (1844–1900)