• Ernie Diaz

Data with Destiny

Heady times, when the founder of the World Economic Forum, Klaus Schwab, decides that non-financial reporting on companies' sustainability numbers are as important as regular old financial statements. If only McAfee were alive to see it.

Thus, as encouragement, we report that Tencent, Huawei, and Alibaba are way ahead of Davos' tireless efforts to make the world a better place for all of us. In full and unfettered support of China's mandate for carbon neutrality by 2060, they have announced their own plans to use evermore renewable energy to power their data centers.

"The cloud is not as ethereal as some would believe," says Edward Lehman. "All that Internet content is hosted in data centers, which combined eat up more electricity than many industrialized nations. The solution will not be as easy as parking new data centers next to wind farms, unfortunately. However, the new technologies involved will include not just renewable, but also verticals such as packaging and supply chain solutions. VCs should be paying attention to the many related startups already getting funding here."

1 view0 comments

Recent Posts

See All

Let's tick off all China's bad news, before getting to the good news. Good news, that is, for investors looking to diversify their global portfolios. Not so good for Gordon Chang and other patient app

Like Hollywood, the western press is invested in narratives and emotional manipulation. Unlike Hollywood, that press has no compunction about skipping the third act of a story, if it doesn't fit that

Politics makes shortchanged bedfellows. As we've written before and will no doubt write again, the paradigm that China stocks = the VIEs of giant tech companies that make it to New York is keeping ave