Oil and gas giant Exxon Mobil says that in seven years time, they will be able to produce 10,000 barrels of algae biofuel a day. That may be a small drop in the amount of oil it produces, but it’s a huge boost in the amount of algae-based biofuel. Exxon sees major potential in algae-based fuel as it can be grown on land that isn’t capable of growing crops. It also uses saltwater, which means it wouldn’t draw on limited freshwater supplies. While a truck running on biofuel still emits greenhouse gases, the emissions can be considered carbon neutral since the algae sucks up CO2 as it grows.
Exxon is working on making algae the fuel of the future
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