Big Tech may fall short of green energy targets due to proposed rule changes

The article discusses proposed rule changes that could make it harder for big tech companies to meet their green energy targets. The proposed changes aim to create a "credible link" between the renewable energy companies invest in and the power they actually use. Currently, companies can purchase renewable energy credits (RECs) to offset their carbon footprint, even if the actual power they use comes from non-renewable sources. The proposed rule changes would require companies to match their renewable energy investments more closely with the power they consume. This could make it more challenging for big tech firms to reach their ambitious green energy goals, as they may need to invest in more expensive on-site renewable projects or direct power purchase agreements. The article suggests that these changes could slow down the adoption of renewable energy by major corporations, potentially hindering overall progress towards sustainability.
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