Exxon Mobil and Their Move to Cellulosic Biodiesel

by Maithili Joshi

Exxon Mobil has made continuous efforts to look for alternative energy sources in the past few years. Recently, in the last four years, they had invested more than $100 million in developing algae-derived biofuels, and recently have refocused their efforts on researching the production of biodiesel by fermenting renewable cellulosic sugars from sources like agricultural waste. Exxon Mobil has teamed up with Renewable Energy Group (REG) and other universities to find a new source of renewable fuels, focusing on using sugars from non-food sources. Continue reading