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Home / Business / Google is investing $ 2 billion in a global renewable energy package

Google is investing $ 2 billion in a global renewable energy package



Clean performance
 Google Renewable Energy

Posted on September 22, 2019 |
by Steve Hanley

22. September 2019 by Steve Hanley


Shortly before the global climate strike on September 20, Google announced it would invest $ 2 billion in the US. Chile and Europe to increase the amount of electricity from renewable sources. In a press release, Google CEO Sundar Pichai said, "Sustainability has been one of Google's core values ​​since our inception, and over the years we've worked hard to reduce our companies' carbon footprint, to develop products for people and planets, and drive forward the change in our supply chains. "

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Credit: Google

In the largest purchase of renewable energy in the company's history, Google has signed 18 new energy agreements will be its energy portfolio io expand by 1,600 megawatts of wind and solar energy. When fully implemented, they will increase their renewable energy portfolio by more than 40% to a total of 5,500 megawatts.

Pichai adds, "To maximize impact, all of our recent deals meet the stringent additionality criteria long ago for our energy purchases. This means that we do not buy electricity from existing wind and solar parks, but enter into long-term purchase commitments that lead to the development of new projects. Adding incremental renewable energy to the networks where we consume energy is a critical component of the 24/7 drive for carbon-free energy. "

More Renewable Energy Support

Not only is Google committed to generating electricity from renewable sources for its own operations, it is committed to helping others, and it's putting its money where it's needed.

"Beyond our own operations, we are working to establish clean energy and break down the barriers for those who want to buy renewable energy. Today, we're announcing two new grants from Google.org to help organizations expand access to clean energy for all businesses – from florists, wholesalers, to startups.

"We are offering a US $ 500,000 grant to the Renewable Energy Buyers Alliance in the US and a € 500,000 grant to RE-Source in Europe. These grants will help finance the development of new purchasing models, provide training and resources for consumers, and allow for greater access to clean electricity. "

Google employees call for more

More than 1,800 Google employees have signed a letter last week, urging the company to do more. In particular, the signatories object to Google's work with fossil fuel companies to help them get more out of the liquid death of their trading portfolio.

"Tech is not green," says the letter.

"The sole carbon footprint of the technology industry data center is that of aviation, and while Google is committed to sustainability, Google states that its global business activities are carbon neutral (its emissions are generated through investment in renewable energy or through carbon purchases) Equalization compensated) and strive for long-term carbon-free energy consumption around the clock (but without CO2 emissions) However, this is not the whole story.

"With Google Cloud, companies using fossil fuels can generate significant revenue We know that a worthwhile future requires keeping these reserves in the ground, and that by making the extraction "more efficient", Google is replacing our collective future for profit.

"Goo is also investing Gle in the deadly status quo. In 2018, the company funded 111 congress members who voted against climate change laws at least 90% of the time.

The Riddle

Google employees are rightly disgusted by the company's support for the fossil fuel industry and its funding of climate deniers in Congress. On the other hand, industrial revenues help pay for their wages, and a favorable regulatory environment is needed to foster the long-term growth of the company to avert the upcoming climate crisis. But it means destroying the foundations of the global economy, which will have a tremendous impact on people's future income levels. The way forward is fraught with serious challenges whose solution requires an extraordinary level of human collaboration. That could turn out to be the toughest challenge of all.


Tags: Google, Renewable Energy


About the Author

Steve Hanley Steve writes about the interface between technology and sustainability from his home in Rhode Island and wherever the singularity might lead him. His motto is: "Life is not measured by how many breaths we make, but by the number of moments that take our breath away!" You can follow him on Google + and on Twitter .




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