The climate and energy provisions in the Inflation Reduction Act of 2022 represent the most comprehensive investments to combat climate change in U.S. history. These investments offer the opportunity to bring about a renaissance of American-made clean energy and renewed energy security, putting the country on a path to historic emissions reductions by the end of this decade.
At Google, we’ve set a goal to achieve net zero emissions across all of our operations and value chain by 2030. Our net zero goal also includes a moonshot to operate on 24/7 carbon-free energy for all of our data centers and campuses. The climate and energy provisions in the Inflation Reduction Act of 2022 will provide the glide path to the clean electricity resources needed to decarbonize U.S. grids and reach these goals. We’re founding members of the 24/7 Carbon-Free Energy Compact, a coalition of over 70 companies united in this pursuit, and I’m confident that with the tailwinds on climate and energy provided by these policy measures, that number will grow.
We’ve also integrated sustainability into our core products, like helping drivers and air passengers find fuel-efficient routes in Google Maps and Google Flights or giving homeowners the tools to efficiently heat and cool their house with a Nest Thermostat. It’s our goal to make the sustainable choice the easier choice. The clean energy and climate provisions in this bill will help amplify those small daily choices by making it easier for citizens to adopt clean electric vehicles and upgrade their homes to be more energy efficient.
Climate change is the most urgent challenge of our time. This historic climate legislation will help the country tackle that challenge, build energy resilience and power the industries of tomorrow.