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00:02Meta Platforms has exited the RE100 Renewable Energy Initiative
00:07after helping fund new natural gas power plants to support its growing AI data center footprint,
00:13according to TechCrunch. Meta joined RE100 in 2016 and reached its goal of matching its
00:19electricity use with 100% renewable energy in 2021. The company confirmed it has parted ways
00:25with the initiative while continuing to match its data center usage with 100% clean and renewable
00:30energy. A Meta spokesperson confirmed the move to TechCrunch, a move that was first reported by
00:36ReCharge. Meta has helped fund a natural gas plant in Ohio and 10 more in Louisiana.
00:42RE100 requires members to source 100% renewable electricity and report their progress,
00:47but allows fossil fuel use elsewhere in their operations. For all things money, visit Benzinga.com.
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