The largest players in ICT — Amazon, Apple, Facebook, Alphabet’s Google and Microsoft — have been investing in renewable energy projects for some time, and have all committed to renewable energy targets.
Similarly, nine of the ten largest banks in the United States have committed to 100% renewable energy in their operations (and three are already there). Seven of them have set meaningful targets to provide sustainable, low carbon or renewable energy financing.
Both sectors have driven renewable investment by the global need to reduce carbon emissions, and at this current juncture with fossil fuel majors and markets collapsing around us, are likely to drive even further investment into low cost deflationary sustainable renewable energies.
While governments may be doing little, or worse — backtracking in the U.S. and spinning in aimless circles in Australia — corporate energy users are getting on with it.