Exxon's investment in algae-based biofuels with Synthetic Genomics - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

A decade ago, Big Oil bet on algae as the fuel of the future. Now Exxon is the only major firm still backing the biofuel, which several top algae scientists say is destined to flop.

Mayfield, himself, said there's a lot of credibility to the idea raised by other scientists that Exxon's biofuel project was a "PR commitment so that they could, at least, if nothing else, mitigate the loss" related to any lawsuits. But then again, he adds: "People complain about everything Exxon does."

In an email to Business Insider, Sarah Nordin, an Exxon representative, said the company had spent more than $10 billion since 2000 to "develop and deploy higher-efficiency and lower-emission energy solutions across its operations," including advanced biofuels. Cities and states are increasingly introducing policies meant to restrict carbon emissions. California, for example, implemented a low carbon fuel standard in 2011, which creates an incentive for low-carbon transportation fuels, such as algae biofuel.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 729. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Inside Chinese smartphone giant Vivo's 32-floor tower HQ - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said they gonna built this in Delhi. They betrayed me. vivopakistan you should consider this as well & it's not impossible.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

How Quibi is working with influencers, inside its strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The status quo wins another day.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

How Quibi is working with influencers, inside its strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

SUCCESS INSIDER: PwC, unconscious bias, cold calls, Edward Jones - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

GMMB insiders say the agency has a racism and bias problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

GMMB insiders say the agency has a racism and bias problem - Business InsiderWhile the firm touts its progressive work, these employees say the agency relegated employees of color to administrative work like office chores, failed to promote them equally, and tokenized them to win new business. Despicable
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »