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Chevron Joins Clinton Climate Initiative

      Chevron Energy Solutions To Provide Energy Efficiency Expertise

    SAN RAMON, Calif., Nov. 12 /PRNewswire/ -- Chevron Energy Solutions, a
unit of Chevron Corporation (NYSE: CVX), today announced that it has joined
the Clinton Climate Initiative as a partner in the foundation's global
Energy Efficiency Building Retrofit Program.
    The program brings together energy service companies such as Chevron
Energy Solutions, financial institutions and 40 of the world's largest
cities to reduce energy consumption in existing buildings. Under the Energy
Efficiency Building Retrofit Program, Chevron Energy Solutions will be a
pre approved partner for cities signed up with the program. The Energy
Efficiency Building Retrofit Program will provide both cities and private
building owners access to the necessary funds to retrofit existing
buildings with more energy-efficient products, typically leading to energy
savings between 20 percent and 50 percent.
    "The tools we need to dramatically reduce our carbon emissions exist
today," said President Clinton. "When it comes to climate change, the
hurdles we face aren't technological, they're organizational, which is why
my foundation is partnering with cities, businesses, nonprofits and schools
alike to design systems and programs that reduce energy consumption. I'm
grateful to them all for working to show the world that the solution to the
climate crisis isn't far off in the future -- it's in the buildings we
inhabit, our civic infrastructure and the way we organize our lives."
    Jim Davis, president Chevron Energy Solutions said, "We are delighted
to be part of an important program that will help deliver a step change in
how our major cities think about and consume energy. This initiative is
founded on collaboration, an approach that Chevron believes is central to
the solution of some of today's major energy and environmental issues."
    Chevron Energy Solutions provides public institutions and businesses
with environmentally sound projects that increase energy efficiency, reduce
energy costs and ensure reliable, high-quality power for critical
operations. The company employs proven technologies to meet customers'
specific needs. Parent company Chevron Corp is investing across the energy
spectrum to develop energy sources for future generations by expanding the
capabilities of alternative and renewable energy technologies. Chevron
spent approximately $2 billion on alternative and renewable energy and
energy efficiency services between 2002 and 2006, and expects to spend an
additional $2.5 billion on this between 2007 and 2009. For more
information, please visit http://www.chevronenergy.com and
http://www.chevron.com.


SOURCE Chevron Energy Solutions




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  • http://www.chevron.com
  • http://www.chevronenergy.com
    CONTACT:
    Stacey Simon of Chevron Energy Solutions,
    +1-415-733-4506