Google says it will run entirely on renewable energy in 2017
>"It’s good for the economy, good for business and <i>good for our shareholders</i>".<p>Let's be honest...it is not good for their shareholders.  They are buying power at a significant premium and costing their shareholders money.  It is a direct hit to the bottom line.  This <i>might</i> be good for the environment - at the very least they are helping renewable energy companies get bank financing through purchase guarantees, which will advance the technologies being used and perhaps one day make them economically viable.  But to say it's good for shareholders is disingenuous.<p>>"<i>In some places</i>, like Chile, Google said, renewables have <i>at times</i> become cheaper than fossil fuels."<p>I love all of the hedging that comes with any article that tries to paint renewables as economical.  This sentence has holes a truck could drive through.  It could literally mean that at one point, years ago, Chile had extremely high gas prices for a week and Google was amazed that their bill for that week was lower than it would have been with conventional power sources.