XLC - Green Dreams vs. AI Reality: Google's Emissions Soar Amid Tech Expansion | Benzinga
Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG)- owned Google’s emissions have surged by nearly 50% over the past five years as the company races to catch up with the deployment of artificial intelligence (AI) into its products. This reflects a tough path for it to reach its goal of eliminating carbon emissions by 2030.
According to a recent environmental report, Google reported greenhouse gas emissions of 14.3 million metric tons of carbon dioxide equivalent for 2023.
Despite aiming to eliminate emissions by 2030, Google’s emissions in 2023 were 48% higher than in 2019 and 13% higher than in 2022.
The increase is primarily due to higher energy consumption at its data centers and supply chain emissions, exacerbated by the intensive energy demands of AI ...