Google will stop creating new AI tools that help in oil and gas extraction by working will different fuel extraction companies. The development comes forward when Greenpeace announced a report on Big Tech giant’s oil contracts. The reported title is “Tech Companies are Helping Big Oil Profit from Climate Destruction.”
Tech Companies like Google, Microsoft, and Amazon are working with Oil companies like Shell, BP, and ExxonMobil. These tech gains helps oil extraction companies to locate and retrieve oil and gas reserves in different below the earth. But this time they make use of AI (Artificial Intelligence) and machine learning tools. These three tech companies had 14 contracts with major oil firms that as mentioned.
Greenpeace through its report specify that this activity isn’t friendly for the climate. As a response Google announced to step down and halts the project. Greenpeace welcomes this move from Google.
Greenpeace is a non-governmental organization for environmental protection. It has offices in over 55 countries and a total of 17400 staff plus volunteers. The organization is busy in campaigning on worldwide issues such as climate change, deforestation, overfishing, etc.
“The company will not build custom AI/ML algorithms to facilitate upstream extraction in the oil and gas industry.” A Google spokesperson confirmed.
Elizabeth Jardim, senior corporate campaigner for Greenpeace said, “While Google still has a few legacy contracts with oil and gas firms, we welcome this indication from Google that it will no longer build custom solutions for upstream oil and gas extraction,”
Although financially it will cause no problem for Google business. Because the company said it collects a revenue of about $65 million, less than 1% of Google Cloud total revenue.
Carbon Neutral Companies
Google is one of the greenest tech firms in the world. It has been carbon neutral since 2007 through buying and investing in renewable energy. Amazon had a pursuit to be carbon neutral by 2040, while Microsoft set up the target of the year 2030.
Carbon Neutral is a terminology used to describe a company, service, or product as it follows the process of achieving net-zero carbon dioxide emissions. By balancing carbon emission caused by them with the amount of carbon savings elsewhere in the world.
Or in simple words it represents the process to remove carbon emission altogether. It is used for carbon dioxide releasing processes such as transportation, industrial processes, and energy production.