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Investing in technologies
ExxonMobil has invested in researching new technologies that have transformative potential for the economy and the environment. Our research efforts involve proprietary in-house research and collaborations with other businesses, as well as research partnerships with universities — such as the Global Climate and Energy Project at Stanford University, California — and government laboratories. Our research portfolio includes a wide range of promising technologies, such as carbon capture and storage (CCS), hydrogen production, biomass conversion, and algae-based biofuels. We continuously monitor the competitive environment for game-changing technology breakthroughs that could impact our long-term forecasts.
