According to USA Today:
Internet giant Google is expanding from search and advertising to try developing cheap energy alternatives to coal.The initiative, Renewable Energy Cheaper Than Coal, will focus initially on solar, geothermal and wind energy.
Google (GOOG) will use its vast resources to buy companies and hire engineers to see this initiative through.
“Our goal is to produce one gigawatt of renewable energy capacity that is cheaper than coal,” Google co-founder Larry Page said Tuesday. “We are optimistic this can be done in years, not decades.”
One gigawatt can power a city the size of San Francisco, with 750,000 residents, Google says.
- I applaud google’s efforts to start their own renewable energy research, I do wish that they can succeed in what they are doing to solve United State’s addiction to oil by converting the whole fleet of vehicles to electric-hybrid or pure plug-in electric. They must do it quickly and not delay any more.
Popularity: 1% [?]
