Google's clean-energy investments are paying off

03/26/2013 | Forbes · OilPrice.com (U.K.)

Google has spent at least $1 billion on clean energy projects with a combined capacity of about 2 gigawatts -- and the investment is paying off, says sustainability chief Rick Needham. Reduced energy costs and increased energy efficiency have saved the tech giant the same $1 billion it's invested, and that trend is set to continue. "While fossil-based prices are on a cost curve that goes up, renewable prices are on this march downward," Needham says.

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Forbes · OilPrice.com (U.K.)

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