ExxonMobil “Investing” $100M in Gov’t Research to Lower Emissions

ExxonMobil recently signed an agreement with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and National Energy Technology Laboratory (NETL) to help fund both operations to the tune of $100 million over the next 10 years, looking to bring biofuels and carbon capture and storage to commercial scale across the transportation, power generation and industrial sectors. That is, to bring to market new tech that lowers carbon dioxide emissions. All in the name of stopping non-existent, man-made global warming.

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