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  • 11 hours ago
Big Tech canceled data center projects amid environmental concerns and investor pressure.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Amazon, Microsoft, and Google have abandoned multi-billion dollar data center projects
00:06after community opposition, according to Reuters.
00:08Investors are pressing the companies for more disclosure on environmental impact
00:12ahead of shareholder meetings.
00:13Trillium Asset Management filed a resolution with Google seeking clarity on climate goals
00:18after emissions rose 51% despite a pledge to cut emissions and use carbon-free energy by 2030.
00:23Investors are also engaging NVIDIA on AI-related climate risks.
00:27North American data centers consumed nearly 1 trillion liters in 2025,
00:31roughly equal to New York City's annual demand.
00:33While companies report water usage inconsistently,
00:36investors said site-level data is needed to assess risks.
00:38For all things money, visit Benzinga.com.
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