getting real about the energy future—in a world where 750 million people still lack electricity

Companies across many industries are working to develop reliable, affordable, lower carbon intensity energy solutions. Still, today, three-fourths of a billion people live without electricity. Mark Nelson, Chevron vice chairman, highlighted this reality during a recent talk at the Semafor World Economy Summit in Washington, D.C. He also stressed that energy demand is likely to grow by 10% by 2050, so working to ensure that future generations have access to energy is vital.

And Chevron is playing a key role in these efforts: "We're growing domestic production. We're operating more efficiently," said Nelson. "We've reduced our methane [emissions] by over 50% in roughly the past decade, and we're leaning into areas where lower carbon solutions can exist."