Technology and Climate Change
As society pursues energy solutions designed to reduce greenhouse gas emissions, advances in technology will be instrumental in providing the global economy with the energy it needs.
ExxonMobil’s research and development program includes opportunities that could make renewable technologies more competitive. We also support the deployment of renewables as a supplier of synthetic lubricants to wind turbines around the world. The natural gas that we produce can also serve as an energy backstop to address intermittency issues associated with these energy sources.
We continue to encourage policy that addresses the risks of climate change at the lowest cost to society.
- ExxonMobil is conducting fundamental research aimed at developing energy solutions that have the potential to provide affordable energy and reduce emissions at a global scale.
- Since 2000, ExxonMobil has invested $8 billion in researching lower-emission energy solutions, including solar, bioenergy, and wind.
- Our Corporate Strategic Research organization has approximately 150 Ph.D. scientists and engineers focused on alternative energy sources, emissions reduction technologies, and reducing the environmental impacts of our own operations.
- ExxonMobil partners with leading universities around the world to broaden awareness of energy developments and support technology breakthroughs to reduce greenhouse gas emissions and improve energy efficiency.