Core Viewpoint - Google has significantly increased its carbon emissions since setting a goal for net-zero emissions by 2030, contradicting its sustainability claims [1][2][3] Emission Data - Google's carbon emissions reportedly increased by 65% from 2019 to 2024, contrary to the company's claim of a 51% increase [2] - Total greenhouse gas emissions rose by 1,515% from 2010 to 2024, with a notable 26% increase from 2023 to 2024 [2][8] - The increase in emissions from data centers alone was 121% between 2019 and 2024, with total energy consumption rising by 1,282% since 2010 [6][16] Methodology Discrepancies - The report highlights discrepancies in emission calculations, with Google using market-based emissions while researchers used location-based emissions, which reflect actual grid emissions [5][6] - The report criticizes Google's presentation of data, arguing that focusing on energy efficiency metrics obscures the total emissions figures [16] Water Usage - Google's water withdrawal increased by 27% from 2023 to 2024, amounting to 11 billion gallons, enough to supply 2.5 million people for 55 days [10][11] Industry Pressure - Tech companies, including Google, face increasing pressure to utilize clean energy for their data centers, with public calls for commitments to avoid new gas and delayed coal plant retirements [12] Future Projections - The Kairos report suggests that Google is unlikely to meet its 2030 emissions reduction goal without significant public pressure, as it has only reduced Scope 1 emissions, which account for a mere 0.31% of total emissions [8][14] - The report expresses concern over Google's reliance on speculative technologies, particularly nuclear power, to achieve its sustainability goals [14][15]

Core Viewpoint - Public Service Enterprise Group, Inc. (PSEG) is prioritizing renewable energy expansion to enhance its position in the clean energy sector while investing in infrastructure to improve reliability [1][2] Investment Plans - PSEG plans to invest approximately $3.8 billion in 2025 for infrastructure upgrades, energy efficiency, electrification projects, and load growth, with a total capital investment of $21-24 billion projected between 2025 and 2029 [2][8] - The company anticipates a compounded annual rate-based growth of 6-7.5% over the same period due to its robust capital investment strategy [2] Clean Energy Initiatives - Significant investments are being made in utility-owned solar photovoltaic (PV) systems, with 158 megawatts of installed PV solar capacity in New Jersey as of December 31, 2024 [3] - PSEG aims to achieve net-zero carbon emissions by 2030, accelerating its original target by 20 years, and is modernizing its gas distribution infrastructure to reduce gas leaks [4][8] Environmental Remediation Costs - PSEG's PSE&G segment is working with the New Jersey Department of Environmental Protection to address environmental conditions at former manufactured gas plant sites, with 38 sites requiring remediation at an estimated cost of $199-$224 million [5] - These remediation costs may negatively impact PSEG's operating results [5] Financial Position - As of March 31, 2025, PSEG has a long-term debt of $20.40 billion and a cash balance of $0.89 billion, indicating a weak solvency position [6] Stock Performance - Over the past three months, PEG shares have increased by 1.5%, while the industry has seen a growth of 3.3% [7]