Whenever I read an article about Chevron’s billion-dollar investments in plans to reduce its carbon emissions intensity, I can’t help but think about whether this company has done anything significant to help transition workers more easily to clean energy jobs?
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They may have aspiration, BUT, the investment bankers, at the Q2 conference call were interested in the financials of these non-oil&gas investments. Either Jay or Pierre responded they will not erode overall margin. And it's a small self-imposed tax. I will be watching Shell to see if they do split into 2 different companies. If they do, and Chevron follows suit it will be better off for all of us interesting in actually providing reliable and affordable energy.
From the newspaper today -
Mike Wirth captains Chevron, a notorious corporate polluter responsible for one of the highest total carbon emissions of any private company worldwide.
Under Wirth’s direction, Chevron has pursued several greenwashing tactics to downplay the company’s environmental impact. A coalition of environmental groups filed a Federal Trade Commission complaint against Chevron earlier this year saying it misled the public by claiming responsibility only for carbon emissions associated with refining and transporting oil, not the total emissions created by the product it sells.
Wirth also sits on the board of the American Petroleum Institute, an oil industry trade group with a long track record of spreading climate denial and delaying legislative efforts to curb carbon emissions.
Chevron doesn’t know how to do it themself so how will they help the others (laid off).
They are talking the talk if this crazy government we have to stay in good graces. If they were smart they would shut their mouths and we would go find a dark hiding spot to chill in until the nee administration arrives.
If we were as aggressive as some of the companies I know, We would actively seek out and find the people who voted for this and make a list so they could be made redundant. Not only did they bite the hand that feeds them they also hate and despises the hand that feeds them.
aspirations to transition workers aligned to its aspiration towards carbon emissions = ZERO
The transition will be out the door.
Right now, petrotechs are like deer facing headlights wondering what these 'aspirations' mean to their careers. How can someone 'help them' when nobody knows what shape or form this 'transition' is going to take?
You mean after they are laid off, and that's why you're posting the question here? I suppose that's a fair enough question, but not in Chevron's best interest to do, seeing that Chevron is an Oil and Gas corporation, in case you were not aware. Gas is clean energy compared to some sources, like coal, so that's a point. I am not sure how CVX has any reason or incentive to "do something significant" to help people it cuts at all. Do you think they are a non-profit charity or just a normal business?