4 ms·
Well, it all depends on the definition of good. Shareholders are people too, and for now, live on planet Earth and are thus affected by Google's energy usage. A
by parhurs 10y ago
Well, it all depends on the definition of good. Shareholders are people too, and for now, live on planet Earth and are thus affected by Google's energy usage. Also, from a economic perspective, the good can come from e.g. brand acceptance (and other indirect sources).
- philipkglass 10y agoI'm guessing it really is good for shareholders in the simplest terms of dollars too; unsubsidized wind and solar electricity have only recently started to reach cost parity but with tax incentives the PPAs being signed really are less expensive than long term contracts for fossil electricity. So it's good for the environment and good for shareholders. (I'd be more sympathetic to complaints about the tax credits offered to renewable energy if we could go back to the beginning and eliminate all tax credits offered to fossil energy too, plus properly account for their externalities, but since that's going to happen when hell freezes over I'm fine with adding another layer of tax incentives for renewables.)