Microsoft (NASDAQ:MSFT) And Amazon.com, Inc (NASDAQ:AMZN) In Support Of Deals With Oil Firms

Major tech companies such as Microsoft (NASDAQ:MSFT) and Amazon.com, Inc (NASDAQ:AMZN) succumb to pressure in several instances. For example, they agreed to slash their carbon emissions following external pressure and the cry of their employees. However, they won’t be bowing to pressure in terms of cutting ties with the oil and gas industry.

Bezos stand

The CEO of Amazon Jeff Bezos seems to have made up his mind on the matter. He thinks that there is nothing wrong with his company providing the oil and gas industry with important tools.

The official stated, “We’re going to work hard to make sure as they transition, they have the best tools possible. To ask oil and energy companies to do this transition with bad tools is not a good idea, and we won’t do that.”

Many tech giants have been competing for a spot to strike lucrative partnerships with energy firms around the globe. One of the firms is B.P. plc (NYSE: B.P.). Tech companies have been providing services such as data storage and artificial intelligence tools to these oil firms. Artificial intelligence tools are crucial in the identification of oil drilling spots. Oil firms around the globe usually want to establish the best oil drilling spots.

The managing director of Accenture’s energy consultancy Vivek Chidambaram has revealed some important details. He said that the oil and gas industry every year spends about $20 billion on cloud services. This figure accounts for almost 10 percent of the entire cloud market.

The director of the Center for Environmental Politics at the University of Washington Aseem Prakash has also spoken about the matter. He thinks it is unfair attacking the oil and gas industry by depriving it the cloud computing services.

Microsoft and its reaction

Satya Nadella, the CEO of Microsoft, has, in several instances reiterated his company’s stand on environmental conservation. The company believes in environmental sustainability, and much has been going on in terms of internal efforts. Employees complain that the CEO has always defended Microsoft’s energy partners.

Microsoft says it doesn’t have any bad motives. Instead, the company focuses on working together with all companies to help them improve their performance. It says it doesn’t exclude anyone, including the energy companies.

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