Facebook Inc (FB) Gets a ‘Yes, But’ From Greenpeace for New Data Center

Page 2 of 2

Greenpeace claimed that it wasn’t trying to criticize Facebook Inc (NASDAQ:FB) at every turn, but rather to give an “honest appraisal” of the data center plan in its entirety. We think Facebook likely chose the utility it did simple because of economics – alternative energy is usually more expensive than coal, and chances are that the bigger the utility company is, the lower the electric rates it could charge.  The bottom line, we believe, was that this was a bottom-line decision.

It costs utilities more money to use fully renewable resources, and those rates get passed on. What do you think? Is Greenpeace targeting Facebook for the heck of it, or does it have a point? Let’s see your feedback in the comments section below.

DISCLOSURE: None

Page 2 of 2