“…Despite the climate crisis that our planet faces, Big Oil is doubling down on fossil fuels. At over 30 billion barrels of crude oil a year, production has never been higher. Now, with the help of tech companies like Microsoft, oil companies are using cutting-edge technology to produce even more. The collaboration between Big Tech and Big Oil might seem counterintuitive. Culturally, who could be further apart? Moreover, many tech companies portray themselves as leaders in corporate sustainability. They try to out-do each other in their support for green initiatives. But in reality, Big Tech and Big Oil are closely linked, and only getting closer.
The foundation of their partnership is the cloud. Cloud computing, like many of today’s online subscription services, is a way for companies to rent servers, as opposed to purchasing them. (This model is more specifically called the public cloud.)..The market is dominated by Amazon’s cloud computing wing, Amazon Web Services (AWS), which now makes up more than half of all of Amazon’s operating income. AWS has grown fast: in 2014, its revenue was $4.6 billion; in 2019, it is set to surpass $36 billion….”