05/13/2019 | Press release | Archived content
Washington, D.C. - Senator Cory Gardner (R-CO) today announced that ExxonMobil will invest up to $100 million over 10 years for lower-emissions research and development with the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) and National Energy Technology Laboratory (NETL). This ten-year agreement will establish projects regarding biofuels, carbon capture, and storage and life cycle analysis of lower-emissions technologies.
'This investment from ExxonMobil is great news for Colorado,' said Senator Gardner. 'It's crucial that our state continues to support innovative lower-emissions research and development in order to enhance the transportation, power generation, and industrial sectors across Colorado and the country. I will continue to advocate for the collaborative energy research being done at NREL.'
Cory Gardner is a member of the U.S. Senate serving Colorado. He sits on the Energy & Natural Resources Committee, the Foreign Relations Committee, the Commerce, Science, & Transportation Committee, and is the Chairman of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy.