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Chevron CEO says dividend to shareholders better than investing in wind, solar By Reuters


© Reuters. FILE PHOTO A Chevron sign can be seen at Del Mar in California on April 25, 2013. REUTERS/Mike Blake/File Photo

HOUSTON (Reuters) – Chevron Corp (NYSE:) Chief Executive Mike Wirth said on Wednesday the company prefers to pay dividends to shareholders than use the money to invest in solar and wind power production, due to the low return generated by these renewable fuel projects.

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