WSJ writes 'Exxon (XOM) Scientists Had Doubts About Algae Biofuels. The Oil Giant Touted Them Anyway.'

This report raises concerns about Exxon's credibility in promoting algae biofuels, potentially impacting investor trust in the company and its future projects. If the narrative gains traction, it could influence global sentiment on sustainability in the energy sector and impact oil prices, as perceptions of company viability shift. Overall, this could lead to volatility in the energy equities space, particularly for those closely tied to alternative energy initiatives.