According to the Financial Times, ‘As they race to develop power-hungry AI, tech giants like Amazon, Meta and Google are set to become major energy consumers, potentially threatening their commitments to net zero.
Ahead of that, they are working behind the scenes to shape a once-in-a-decade rewrite of the rules governing how pollution from power use is disclosed, while funding and lobbying the Greenhouse Gas Protocol, the body responsible for carbon accounting.’
As tech giants like Amazon, Meta, and Google accelerate their development of energy-intensive AI, they risk undermining their net-zero commitments. In response, these companies are quietly influencing a crucial overhaul of rules on pollution disclosure related to energy use. They are also funding and lobbying the Greenhouse Gas Protocol, the key body for carbon accounting, to shape the outcome in their favor.
Kudos to the Financial Times for shedding light on this important issue, highlighting the complexities around renewable energy certificates (RECs) and the differences between location-based and market-based emissions. This coverage challenges the prevailing narrative on climate change, which often overlooks these critical nuances.
It’s important to note that Amazon’s philanthropic arm, the Bezos Earth Fund, is funding entities like the Greenhouse Gas Protocol and the Science Based Targets initiative initiative, potentially swaying their missions—missions that should focus on safeguarding our future, not preserving the status quo.
Read the article: https://on.ft.com/3SJ7R67
