Chevron Invests in Carbon Capture Specialist Blue Planet Systems

Chevron Invests in Carbon Capture Specialist Blue Planet Systems

Chevron (NYSE: CVX) is spending green to go green. The company announced Thursday that it has invested in a funding round conducted by Blue Planet Systems, a maker of products that reduce the carbon output of industrial processes. Chevron is channeling its funds through a Series C investment into the privately held company, which is based in Silicon Valley.