Big technology companies are still fostering close relationships with oil and gas firms despite public pledges to reduce carbon emissions. Microsoft, Amazon and other giants in the sector are competing to sign deals with majors like ExxonMobil, Shell, BP and others, which spend around $20bn annually on cloud services, accounting for 10% of the cloud market. The US government has also been slow to embrace renewable energy.
Big technology companies are still fostering close relationships with oil and gas firms despite public pledges to reduce carbon emissions. Microsoft, Amazon and other giants in the sector are competing to sign deals with majors like ExxonMobil, Shell, BP and others, which spend around $20bn annually on cloud services, accounting for 10% of the cloud market. As such, these activities are at odds with the public environmental commitments of many technology companies.