Big Tech may fall short of green energy targets due to proposed rule changes

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“There’s going to be one price trend: that is you will see higher costs for certificates at low producing times of day and seasons,” said Daniel Arnesson, of the energy analytics company Veyt. Across a global portfolio, this may make it “fundamentally more expensive” to buy credits.

Amazon, Meta, Salesforce, Microsoft, and Google have all previously been among the Protocol’s disclosed financial backers, while its ongoing reform of all its accounting standards has been…



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Big Tech may fall short of green energy targets due to proposed rule changes



“There’s going to be one price trend: that is you will see higher costs for certificates at low producing times of day and seasons,” said Daniel Arnesson, of the energy analytics company Veyt. Across a global portfolio, this may make it “fundamentally more expensive” to buy credits.

Amazon, Meta, Salesforce, Microsoft, and Google have all previously been among the Protocol’s disclosed financial backers, while its ongoing reform of all its accounting standards has been…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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