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U.S. Companies Fuel Europe’s Green-Energy Push
Keywords: Google Renewable Energy,
American companies, Google, Alcoa, Amazon and others are supporting the European Union's push towards reductions of carbon emissions for combating climate change. They are doing this by buying renewable energy through long term contracts that help reduce costs by about 10%. Google is doing this to support its data centers. Amazon is doing this with investments in wind farms in Ireland, and renewable projects in Spain, Sweden, and the UK.
The European Union plans to increase the proportion of renewable energy to 32% by 2030 at a cost of 260 billion euros.
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