* Chevron (CVX -0.7%) says climate change will have a minimal impact on its oil and gas business for decades to come, even when considering some of the most restrictive greenhouse gas reduction proposals, according to a new company report that largely mirrors similar studies by Exxon and Shell.
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* World energy demand will grow strongly under all scenarios, CVX says, seeing the risk of having stranded assets as “very slim” due to the quality and diversity of its assets.
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* The report “gives us confidence that we’re testing our business in a way that’s appropriate for our shareholders,given the context of many things that can change over time,” says Mark Nelson, CVX’s VP for midstream, strategy and policy
