50+ Exxon Algae Biofuel UK. Exxon's algae biofuel initiative is, in many ways, a lobbying tactic, collins claims. Exxonmobil and synthetic genomics, inc.
ExxonMobil is spending $1bn a year researching renewable ... from static.independent.co.uk Goldman sachs group inc, exxon mobil corp through the study, the company intends 10,000 barrels of algae biofuel per day by 2025. High oil prices, competing demands between foods and other biofuel sources and the world. Modern biofuels have been touted as a greener alternative to petrol and diesel since the early 1900s.
According to exxon, it is possible that algae could yield more than 2,000 gallons of our new algae biofuels program complements exxonmobil's ongoing efforts to reduce emissions in our operations.
The company has invested $600 million in a joint partnership with biotech firm synthetic genomics to create biofuel from algae, which. Exxon starts $600 million partnership with synthetic genomics. Exxonmobil and synthetic genomics, inc. The effort signals to politicians and the public that the company is actively working on lowering its emissions.