Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (53187)	9/23/2020 3:59:38 PM
From: E_K_S	Read Replies (1) \| Respond to of 69759

I posted this on another board. A Positive for CVX long term Didn't realize they created a separate subsidiary/Venture Fund. Almost like a 'SPAC' fund directed to new Energy Technologies. Its venture capital arm, Chevron Technology Ventures, is investing in new-energy start-ups like Zap Energy, which is developing modular fusion nuclear reactors that release no greenhouse gases and limit radioactive waste. Another, Carbon Engineering, removes carbon dioxide from the atmosphere to convert into fuel.I like this investment - Zap Energy, which is developing modular fusion nuclear reactors Chevron invests in nuclear fusion development start-up Zap Energy The company said that Zap Energy’s technology stabilises plasma by using sheared flows to confine and compress the plasma.Chevron Technology Ventures president Barbara Burger said: “We see fusion technology as a promising low-carbon future energy source. “Our Future Energy Fund investment in Zap Energy adds to Chevron’s portfolio of companies we believe are likely to have a role in the energy transition.