ENERGY TRANSITION

Exxon to spend $100M to lower emissions

EXXONMOBIL will invest up to US$100 million over the coming decade in research and development of lower-emissions technology in partnership with the US Department of Energy’s National Renewable Energy Laboratory and the National Energy Technology Laboratory.

Helen Clark

The US Department of Energy’s National Renewable Energy Laboratory

It is one of the largest deals made between the department's laboratories and the private sector, and is designed to support research into scaling up biofuels and carbon capture and storage to commercial...

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