Apple Praised for Renewable Energy

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By Douglas A. McIntyre Published
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Apple Inc. (NASDAQ: AAPL), at the forefront of global technology, also has taken a lead in renewable energy. That is the conclusion of a new report from Greenpeace. Its new study looks at energy use at many of America’s tech companies.

Greenpeace commented on Apple’s place at the top of the list:

Apple’s aggressive pursuit of its commitment to power the iCloud with 100% renewable energy has given the company the inside track among the IT sector’s leaders in building a green Internet. Apple has made good on its pledge by building the largest privately owned solar farms at its North Carolina data center, working with its utility in Nevada to power its upcoming data center there with solar and geothermal energy, and purchasing wind energy for its Oregon and California data centers. Apple’s commitment to renewable energy has helped set a new bar for the industry, illustrating in very concrete terms that a 100% renewable internet is within its reach, and providing several models of intervention for other companies that want to build a sustainable Internet.

Also near the top of Greenpeace’s “Green Internet Innovators” (“Those committed to 100% renewable energy. Their leadership is helping to make our lives, online and offline, greener.”) are Facebook Inc. (NASDAQ: FB) (“Radical improvements in transparency and efforts to deliver significant wind energy investment in Iowa have helped drive Facebook into the top tier of companies creating the green internet.”) and Google Inc. (NASDAQ: GOOG) (“Google has continued to lead the major internet brands in purchasing renewable energy at scale to power its massive online ecosystem. The company is now reporting electricity consumption of 3,315 GWh, with 34% of its operations powered by clean energy.”)

Microsoft Corp. (NASDAQ: MSFT) fell toward the middle of the Greenpeace list, as did eBay Inc. (NASDAQ: EBAY) and International Business Machines Corp. (NYSE: IBM).

One of the dirtiest, or those stuck in the Internet’s past, as Greenpeace calls it, among the most recently founded large Internet companies is Twitter Inc. (NYSE: TWTR). Greenpeace’s comment on the short message social network:

The microblogging platform has remained silent about the type and amount of electricity that is powering those data centers. Twitter remains at the bottom of the industry for energy transparency, disclosing no information about its energy footprint.

For Twitter management and investors, the ranking may mean little. Unlike Google, it has no slogan like the search engine company’s “Don’t be evil.”

24/7 Wall St. recently pointed out that Apple is one of the U.S. companies holding billions of dollars offshore. But what investors and analysts may be most looking forward to from Apple is the release of the iPhone 6.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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