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Google Searches Green Energy

Posted Nov 27, 07 5:19 PM CST in Technology Business 

(Newser) – Google is making a huge financial push to replace coal with cleaner, cheaper renewable energy. The company says it will invest "tens of millions" in the search next year, starting with solar, wind, and geothermal technology, and hundreds of millions more in subsequent years, MarketWatch reports. The company says it can reach its goal “in years, not decades."

Co-founder Larry Page says Google will bring its "creativity and innovation to the challenge of generating renewable electricity at a globally significant scale." In addition to its own R&D, the company will invest large sums in smaller alternative-energy firms. Google already powers its HQ with one of the largest corporate solar-panel installations in the US.

Source MarketWatch

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Aerial view of solar carports constructed by EI Solutions at the Google headquarters campus in Mountain View, Calif. (Photo   (Associated Press)
Solar panel installation at Google's Mountain View, Calif., headquarters.   (Associated Press)
Google co-founder Larry Page appears onstage during the Clinton Global Initiative Annual Meeting, Thursday, Sept. 27, 2007 in New York. (AP Photo/Jason DeCrow)   (Associated Press)
Google goes green as hundreds of millions are earmarked for a conversion to renewable energy sources.   (Getty Images)
A rainbow graces California windmills in this file photo. Search-giant Google has become the latest Fortune 500 company to announce plans to "go green."   (Getty Images)
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