Hello Mike Wirth, I understand energy companies primary responsibility is to provide for energy demand and security. Do you see a role for energy companies in advancing electrification technologies in different sectors, either through investment or advertising? If risk or cost is factor why not create a fund with other oil majors/charities, to accelerate development? The bigger the pie, the smaller the slices. It’s a good business strategy because you will be at the forefront of innovation and have better market insight and control over the future of energy production. Thank you for the interview.
@@dominiccastro6483 Oil's been negative in price before. And what's Mike's hedge against a more volatile oil and gas market? Hydrogen, Carbon capture, Geo thermal? Which are all huge upfront expenses with very low potential for revenue growth. A better strategy would be similar to to BP or Shell which are building solar and wind projects, and securing long term electricity supply contracts, and these projects are getting cheaper to build. I'm not a fan of Mike's strategy as it is likely to leave Chevron in the past over the next few decades as we get closer to net zero.
Oil is still the future. No one is going to stop using oil and gas. Most of the industrial machines run on electricity produced by gas.
Quite apparent that Chevron doesn't use the same modeling programs that government uses.
That captured carbon is just being used to pump more oil and gas
absolutely remedial opener of a question.
Simply put nobody is gonna stop them from refusing to taper
Hello Mike Wirth,
I understand energy companies primary responsibility is to provide for energy demand and security. Do you see a role for energy companies in advancing electrification technologies in different sectors, either through investment or advertising? If risk or cost is factor why not create a fund with other oil majors/charities, to accelerate development? The bigger the pie, the smaller the slices. It’s a good business strategy because you will be at the forefront of innovation and have better market insight and control over the future of energy production.
Thank you for the interview.
Oil is the future 🗣️
lol Energy is the future, digging in the ground for scraps of decaying matter from millions of years ago is the past.
@@iceman18211BS
Oil is the past and the future. There will never be anything that can take its place more efficiently
Sell, the man has no plan for a carbon neutral company, nor an energy independent US.
you're not very bright
@@dominiccastro6483 Oil's been negative in price before. And what's Mike's hedge against a more volatile oil and gas market? Hydrogen, Carbon capture, Geo thermal? Which are all huge upfront expenses with very low potential for revenue growth. A better strategy would be similar to to BP or Shell which are building solar and wind projects, and securing long term electricity supply contracts, and these projects are getting cheaper to build. I'm not a fan of Mike's strategy as it is likely to leave Chevron in the past over the next few decades as we get closer to net zero.
Solar and wind is wasteful
@@Quick-g7s My solar powered cottage would disagree.