By Sabrina Valle HOUSTON, Feb 28 (Reuters) - Chevron Corp CVX.N was set to give investors on Wall Street an updated view of operations on Tuesday, and discuss its plans to balance oil output and capital returns with lower carbon emissions. Investors will listen for an update on Chevron's renewable fuels business, carbon emissions targets, and plans for developing its natural gas discoveries off the coast of Israel. Sharply higher inflation and supply chain restrictions have slowed growth for many companies operating in the Permian Basin, the top U.S. shale region.