Big Tech has come under fire for helping Big Oil produce more oil, a move that appears to go counter to the promises tech companies have made about reducing emissions.
In reality, however, Big Tech is helping to reduce both the danger associated with oil extraction and the energy waste that comes from drilling dry wells.
Big Tech’s software has been essential for optimizing oil and gas exploration and production, making the industry crucial for Big Oil’s recent financial success, along with oil prices.on Big Oil and Big Tech how Big Tech had been making transition commitments, but in the meantime, it has been helping Big Oil increase production, which has prompted criticism.
“There’s no fossil fuel CEO who sits there and says, ‘You know, I’m just gonna deny climate change,‘” Nadella said, according to a transcript provided by Microsoft workers who were at the meeting. “If anything, they’re all saying, ‘Let us have, in fact, the regulation, the pricing mechanisms that get us to this future.’”
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