Hinterland Green

Saturday, January 9, 2010

Google Formally Incorporates Google Energy, Seeking Government Permission to Buy and Sell Electricity on Wholesale Market

Last month, Google formally incorporated Google Energy, which is a new subsidiary that is seeking permission from the government to buy and sell electricity on the wholesale market. Though the chances of you purchasing electricity from Google is unlikely, the company said the move will allow them to have more flexibility to buy renewable energy.

 Google, in 2007, committed to becoming carbon neutral and has been steadily pursuing their goal by buying high quality renewable energy energy credits. Google Energy will allow the company to get more renewable energy onto the grid and into the company's portfolio.
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