Is This Exxon’s Secret Weapon Against Electric Cars?

3 Jul 2017   Biofuels

This month, it was ExxonMobil’s turn to report a breakthrough in advanced biofuels. Exxon said that it had found a way to make algae ‘fatter’, and those algae could become part of the (distant) future energy mix, could cut carbon dioxide emissions, and would not compete with food crops like other biofuel sources. Exxon and Synthetic Genomics have been partners since 2009 in researching and developing oil from algae to be used as a renewable, lower-emission alternative to traditional transportation fuels. By using advanced cell engineering technologies at Synthetic Genomics, the joint research team has just modified an algae strain to enhance the algae’s oil content from 20 percent to more than 40 percent, Exxon said. But the U.S. oil supermajor was quick to note that, referring to the fatter-algae strain, “technology is still many years from potentially reaching the commercial market.” If at some point in the future […]

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