Chevron (CVX) Plans to Spend $2.5B in Alternative/Renewable Energy Technologies Thru 2009

May 7, 2008 2:09 PM EDT

In its 2007 Corporate Responsibility Report released today, Chevron (NYSE: CVX) announced that it reduced its greenhouse gas emissions, increased its number of renewable energy research partnerships and invested approximately $119 million in communities around the world last year.

Furthermore, Chevron announced that it expects to spend approximately $2.5 billion from 2007 through 2009 in alternative and renewable energy technologies.

Chevron Corporation operates as an integrated energy company worldwide. [BCS]


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