Meta drops out of a major clean energy pact as its natural gas buildout accelerates
Over the past year, Meta has funded the construction of at least a dozen natural gas power plants, including one project alone that will burn enough natural gas to generate as much electricity as the entire state of South Dakota uses. Now, Meta is no longer part of the RE100, a corporate renewable energy initiative, after a decade of membership, the company confirmed to TechCrunch today. The breakup was mutual, according to a Meta spokesperson.
- ▪Over the past year, Meta has funded the construction of at least a dozen natural gas power plants, including one project alone that will burn enough natural gas to generate as much electricity as the entire state of South Dakota uses.
- ▪Now, Meta is no longer part of the RE100, a corporate renewable energy initiative, after a decade of membership, the company confirmed to TechCrunch today.
- ▪The breakup was mutual, according to a Meta spokesperson.
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Over the past year, Meta has funded the construction of at least a dozen natural gas power plants, including one project alone that will burn enough natural gas to generate as much electricity as the entire state of South Dakota uses. Now, Meta is no longer part of the RE100, a corporate renewable energy initiative, after a decade of membership, the company confirmed to TechCrunch today. The breakup was mutual, according to a Meta spokesperson. The exit caps months of Meta expanding its bet on fossil fuels to power its AI data centers and begs the obvious question: What does “clean energy” actually mean to a company that keeps building gas plants while still calling itself renewable? RE100 is a project of the Climate Group, a UK-headquartered nonprofit co-founded by former Prime Minister…
Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.