ExxonMobil promoted a biofuels breakthrough despite internal doubts

ExxonMobil promoted a biofuels breakthrough despite internal doubts

Internal documents reveal ExxonMobil scientists raised serious concerns about the viability of the company’s algae biofuels program even as executives continued promoting it to investors as a near-term breakthrough, The Wall Street Journal writes.  Researchers warned in 2020 that algae struggled to produce sufficient oil outside controlled lab settings, achieving only a fraction of targeted output and requiring massive, costly infrastructure to …