Algae biofuels July 2010

Meeting the world’s growing energy demands will require a multitude of sources. Biofuel from algae could be a meaningful part of the solution in the future because of its potential as an economically viable, low emissions transportation fuel.  

Together ExxonMobil and Synthetic Genomics, Inc. (SGI) announced in July 2010 the opening of a new greenhouse facility to enable the next level of research and testing in our algae biofuels program. This greenhouse, located in La Jolla, California, is part of our ongoing commitment to advance breakthrough energy technologies to help address the world’s long term energy challenges.

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By: ExxonMobile