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Chevron Backs a Startup Proposing to Turn Carbon Into Gravel – Bloomberg Green

Chevron Corp. is investing in a California startup that captures carbon dioxide from factories and converts the greenhouse gas into gravel and other building materials.What on Earth?The Bloomberg Green newsletter is your guide to the latest in climate news, zero-emission tech and green finance.EmailSign UpBy submitting my information, I agree to the Privacy Policy and Terms of Service and to receive offers and promotions from Bloomberg.

Chevron’s Series C investment in Blue Planet Systems Corp. entails collaboration on pilot projects and “commercial development in key geographies,” the oil giant said in a statement on Thursday. The size and duration of Chevron’s financial commitment weren’t disclosed.

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