Honeywell, MIT project AI could cut fuel production costs by billions

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HONEYWELL AND MIT FIND DIGITAL TECHNOLOGIES CAN HELP INCREASE ENERGY SUPPLY, REDUCE ENERGY PRODUCTION COST BY TENS OF BILLIONS ANNUALLY

June 24, 2026 8:01 AM EDT

Honeywell analysis and MIT Center for Sustainability Science and Strategy modeling project annual savings of up to $225 billion in production costs for oil-based fuels, $80 billion in LNG alone, by 2050, using AI-enabled technologies

CHARLOTTE, N.C., June 24, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON), in collaboration with the MIT Center for Sustainability Science and Strategy, today released new research... More