Will partner with famed genome expert Craig Venter
(NEWSER) - Exxon Mobil, the biggest oil company in the world, will invest $600 million in turning algae into fuel, the New York Times reports. Known for blowing off concerns about global warming and dismissing biofuels—its CEO famously called ethanol “moonshine”—Exxon Mobil has in fact been researching alternative fuels for years, says a VP. The current plan involves a partnership with a biotech company founded by Craig Venter, known for his work on the human genome. More»