As outlined in ExxonMobil’s annual Outlook for Energy, the fuel mix across all transportation sectors is likely to change and biofuels will be a growing contributor to that mix.
To drive the most cost effective solutions to energy and environmental challenges, we believe that biofuels should compete on a level playing field with all vehicle and fuel technologies.
ExxonMobil is an advocate for biofuels policies that are based on sound science and market principles. We also believe that testing of new fuels to determine whether they meet Original Equipment Manufacturers (OEM) requirements should be scientifically sound and thorough. We support testing through organizations such as ASTM International (formerly known as the American Society for Testing and Materials). They ensure that appropriate fuel standards are established on an industry basis to ensure fitness for use.
To learn more about ExxonMobil’s research into biofuels, read our Outlook for Energy