Exxon Mobil’s (XOM) scientists told one of the oil major’s top strategic-planning executives in February 2020 that its much-heralded algae biofuels programs was not close to hitting its stated goals, the Wall Street Journal’s Collin Eaton reports. The presentation was one of multiple communications to the company’s top management in early 2020 that even the most promising strains of algae were struggling to produce much oil outside the lab, the author says, citing documents.
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