Exxon Mobil : Fueling America's future with Toyota
May 09, 2024 at 06:14 pm EDT
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Lower-emission fuels
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2 min read
• May 9, 2024
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Fueling America's future with Toyota
Key takeaways:
Lower greenhouse gas (GHG) emission liquid fuels hold promise.
They seamlessly integrate with existing infrastructure and vehicles.
With supportive policy, they could complement electric vehicles.
Article
2 min read
• May 9, 2024
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We've joined forces with Toyota to showcase the potential of lower GHG emission liquid fuels.
Our goal? To see if they can be used in existing engines and vehicles.
Results from recent tests are promising.
Lower GHG emissions
Compared to traditional fuel, the research fuels we've developed have the potential to reduce lifecycle greenhouse gas (GHG) emissions by 20% to 75%*.
And that's just one potential advantage. Others include…
Integration with existing infrastructure - like pipelines and fueling stations
Compatibility with the existing fleet - from your 20-year-old Camry to your brand-new RAV4
Continued vehicle performance - with our lower-emission liquid fuels, you can drive your car the same way you did with traditional fuel
Engines aren't going away
Across the world, hundreds of millions of cars, trucks, planes, ships and trains currently run on liquid fuels.
Which is why reducing lifecycle GHG emissions from internal combustion engine (ICE) vehicles is so important.
Lower emission fuels (LEFs) are complementary to electric vehicles (EVs), offering you a choice and the ability to potentially reduce lifecycle GHG emissions no matter what kind of vehicle you drive.
Reducing GHG emissions, not options
Despite ambitious EV adoption targets, ICE vehicles aren't going away any time soon.
That's why LEFs are so crucial - they're key to reducing GHG emissions associated with liquid fuels - and ultimately, help us meet global emissions reduction targets.
With supportive policy from U.S. lawmakers, they can become a market-competitive option. To learn more, watch the video below.
*Reductions in Carbon Intensity (CI) estimates are based on the lifecycle greenhouse gas emissions of the fuels tested at Toyota's Research Center, compared to petroleum gasoline. Estimated CI values are based on either GREET 2021 estimates, or feedstock Proof of Sustainability documents. Actual results may vary.
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Exxon Mobil Corporation published this content on
09 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
09 May 2024 22:14:46 UTC.
Exxon Mobil Corporation is an oil group organized around 3 areas of activity:
- refining and distribution (85.8% of net sales): 5.5 million barrels of oil products (diesel fuel, gasoline, fuel oil, lubricants, motor oils, etc.) sold per day in 2023;
- exploration and production of hydrocarbons (7.6%; worldwide leader): 2.4 million barrels of oil produced per day and 219.1 million m3 of natural gas produced per day;
- petrochemical (6.6%): primarily oils, aromas, alcohols, ethylene, elastomers, propylene, and polymers (19.4 Mt sold in 2023) for the pharmaceutical, cosmetic, textile, electrical, etc.
Net sales are distributed geographically as follows: the United States (38%), Canada (8.7%), the United Kingdom (7%), Singapore (4.6%), France (4.4%), Australia (3%), Belgium (2.9 %), Germany (2.8%) and other (28.6%).