Every now and then, an oil supermajor comes up with what they tout as a breakthrough in scientific research of renewable energy sources.
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.
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