Sean Gallup/Getty Images News
Google (Nasdaq:GOOG) (NASDAQ:GOOGLThe company said its carbon emissions have soared by nearly 50% over the past five years due to rising data center energy consumption and supply chain emissions driven by the power demands of its artificial intelligence systems. of the week Annual Environmental Report.
Google (GOOG) (GOOGL) announced that its emissions for 2023 will rise to 14.3 million metric tons of carbon equivalent, up 48% from its 2019 baseline and 13% from the previous year. Threatening Net Zero Commitment By 2030.
The company said its energy-related emissions in 2023 were primarily due to electricity consumption at its data centers, up 37% from the previous year and, overall, accounting for 25% of the company’s total greenhouse gas emissions.
The impact of AI on electricity demand has been well documented, with electricity demand predicted to increase by as much as 20% by 2030, according to a CNBC report, with AI data centers alone expected to increase electricity demand in the U.S. by approximately 323 TWh.
Bernstein analysts recently said that AI “could double the rate of growth in U.S. electricity demand, causing total consumption to exceed current supply over the next two years.”
Renewable energy is expected to play a key role in meeting AI’s energy needs, but Wells Fargo analyst Roger Reed told CNBC: Early adoption will be difficult This depends on factors such as the time it takes to build the power lines that transport resources to the data center.
Google (GOOG) (GOOGL) isn’t the only tech giant acknowledging rising emissions due to AI demand: Microsoft said in May that its emissions had increased by nearly a third since 2020, mainly due to data center construction.
ETFs: (XLU), (AIQ), (BOTZ), (DTEC), (GINN), (IRBO), (ROBT), (TECB), (XT), (THNQ), (CHAT)
