Exxon is donating $2 million to Louisiana State University (LSU) for research into carbon capture technology.
ExxonMobile became a strategic partner to LSU’s Institute for Energy Innovation last year, after the university received a donation from Shell, which totaled $27.5 million.
Exxon’s new investment will deepen research into batteries, renewables, and advanced recycling, but the primary focus will be carbon capture solutions.
The $2 million from Exxon will also go towards student scholarships and workforce development programs, as was announced by the oil supermajor and LSU earlier this week.
And it will also help LSU expand its new carbon capture utilization and storage (CCUS) curriculum.
“One of the most impactful elements of our Scholarship First Agenda is a heightened focus on working with industry leaders like ExxonMobil to create solutions that will elevate lives,” said LSU President William F. Tate IV.
Read more: LSU To Offer A New Degree In Carbon Capture