Intel Renewable Energy Effort To Receive $300 Million—Cutting Carbon Emission To 0% by 2040

Intel's renewable energy effort is expected to reduce (or even remove) its carbon emissions drastically. If this is true, then the company is definitely on the right track to becoming an eco-friendly tech firm.

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Shopkeepers are reflected on a counter as the Intel products displayed inside at a comupter market in Beijing, on April 08, 2008. The global investment arm of US chip maker Intel Corp said April 08 it had established a new China fund aiming to inject 500 million dollars into ventures in the booming Asian market. AFP PHOTO/LIU Jin Photo credit should read LIU JIN/AFP via Getty Images

The giant chipmaker said that it would invest around $300 million in renewable energy efforts. Once this budget is released, the company will use it to study new chemical processes that can be used to reduce greenhouse gas emissions.

Giant tech manufacturers are always urged to find greener ways to produce their products. Now, Intel is already making an action of its own.

Intel's Renewable Energy Effort To Reduce Carbon Emissions

According to CNET's latest report, the upcoming million-dollar budget will be used to enhance its facilities. This will help in lessening the average carbon emission of the company.

Intel Renewable Energy Effort To Receive $300 Million—Cutting Carbon Emission To 0% by 2040
Intel Corporation CEO Paul Otellini delivers his keynote speech as he opens the Intel Developers Forum September 26, 2006 at the Moscone Center in San Francisco, California. Ontellini emphasized the energy efficiency of Intel's latest microprocessors and went on to talk about details around the company's plan for delivering the industry's first quad core processors. Photo by David Paul Morris/Getty Images

"We are committing to reach net-zero greenhouse gas emissions across our operations by 2040," said Pat Gelsinger, the CEO of Intel.

He added that they will make efforts to cut the factories' greenhouse gas emissions while expanding their SoC operations.

Intel is still building two megafab factories in Germany and Ohio as of press time. Intel's latest renewable energy effort is important since it can also encourage other SoC developers to do the same.

Intel's Tons of Carbon Emission

Back in 2021, CNBC reported that the top global chip manufacturers were among the major companies that produce tons of carbon emissions.

Intel, TSMC, and Samsung are all included. Because of this, these tech firms have already promised that they'll make efforts to reduce the carbon footprint, which is already seen in Intel's million-dollar renewable energy budget.

Two years ago, the total greenhouse emission of Intel reached around 3 million metric tons. This is equivalent to the carbon emissions produced by around 640,000 cars yearly.

Previously, Intel's MITRE Engenuity partnership was confirmed.

On the other hand, Intel's Russia operations were suspended because of the conflict between Russia and Ukraine.

For more news updates about Intel and other giant chipmakers, always keep your tabs open here at TechTimes.

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Written by: Griffin Davis

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