🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Arcane

Hey, I'm on Medial • 9m

How big tech is cleverly evading its responsibility to become carbon neutral through creative accounting practices? Through "Renewable Energy Certificates" (RECs). The data centers of these companies have incredible power requirements which is met through traditional energy sources. What RECs do is that they help these companies to buy credits from renewable energy projects like wind farms. By purchasing RECs, they basically pay for the "environmental benefits" of that wind energy, even though the actual electricity for data centers still comes from coal. On paper, the data center can say it’s using renewable energy as it is supporting renewable projects through RECs, but the reality is that they still use fossil fuels. So, they get the credit for being "green" without directly using green energy AND claim they’re CARBON NEUTRAL without really changing how they operate. Although it may give them short term relief, it is guaranteed to have serious long term implications for all.

6 Replies
2
Replies (6)

More like this

Recommendations from Medial

Rushikesh Pandit

Founder & CEO BIODIE... • 2m

What if there is any option for traditional fuels, Which is energy rich, Abundantly available, Falls under renewable resources, And is carbon neutral. is there any such fuel? ohh yes, I can recall it, It is hydrogen isn't it 😁

Reply
1

Shivam Gupta

Business Finance And... • 3m

Adani green energy start his 212.5 megawatt solar energy project in gujarat and now total renewable energy is 13737.8 megawatt

Reply
3
Image Description
Image Description

Vedant SD

Finance Geek | Conte... • 8m

The Future of Renewable Energy in India India's renewable energy sector is rapidly growing, driven by government policies, technological advancements, and investor interest. The country's vast solar and wind resources offer immense potential. Key Tre

See More
8 Replies
5
Image Description
Image Description

H i t

Hit • 5m

What do you all think about green energy or renewable energy sector? is there any business opportunity available in this space?

4 Replies
8
Image Description

Mahendra Lochhab

Content creator • 11m

India aims to have 450 GW of renewable energy capacity by 2030, including solar, wind, biofuels, and small hydropower.

1 Reply
8

Gourav Sharma

Hey I am on Medial • 10m

Title:Renewable Energy with Carbon Fiber TurbinesIntroduction:The renewable energy market is rapidly growing, yet traditional wind and water turbines made from aluminum and steel face significant limitations in weight, durability,and efficiency. My s

See More
Reply
2
Image Description
Image Description

Anurag Chaurasia

Chaurasiya • 5m

A mini wind turbine can be an excellent renewable energy solution for Indian households, especially in rural or semi-urban areas. Here's an overview of how mini wind turbines can benefit Indian people and factors to consider: Benefits 1. Cost-Effec

See More
9 Replies
7
Image Description
Image Description

Aman meshram

Finding business gap... • 9m

Yes, A.I boom is creating opportunities, the mother platform for A.I is undoubtedly DATA CENTERS which needs energy to run hence, Energy explorations is your first opportunity. And to keep these Data centres cool and active we have to keep up wit

See More
5 Replies
14
Image Description

Tanvi

Student • 1y

Fact: The global market for renewable energy is experiencing rapid growth, driven by increasing environmental concerns and government policies promoting clean energy sources such as solar, wind, and hydropower. Question: How has the growth of the re

See More
1 Reply
4

Rahul Thakur

Talks about ideas & ... • 5m

India’s highways and expressways, spanning over 1,44,000 km, play a critical role in the nation’s infrastructure and development. However, the significant electricity costs of powering streetlights on these highways pose a challenge, both economicall

See More
Reply
6

Download the medial app to read full posts, comements and news.