Source: Financial Times
The Science Based Targets initiative backed down from proposed rules that would have prevented major cloud providers from counting natural gas data centers as part of their renewable energy commitments. This retreat preserves one of the industry's most valuable accounting tricks at a moment when AI compute demands are driving massive new infrastructure buildouts. It also signals that specialized climate bodies lack enforcement power against coordinated corporate pushback. Companies like Meta, Google, and Microsoft can continue counting natural gas facilities toward renewable energy targets while real-time power grid verification remains unresolved.