Wire · operational-macro
A deadly alliance of Big Tech and Big Oil
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 1 September 2026 · Fusion42 review
Big Tech companies including Microsoft, Amazon, and Google are partnering with Big Oil firms like ExxonMobil and Chevron to build fossil gas power plants to fuel a rapid expansion of data centres in Europe, relying heavily on carbon capture technology that remains unproven and largely ineffective to greenwash their emissions.
This Wire brief sits within Fusion42's coverage of Cloud Infrastructure.
◆ ◆ The Wire takeaway
You face a rising risk as Big Tech doubles down on fossil gas for data centres despite the carbon capture hype failing. This gap means your emissions profile just got riskier and your customers will doubt your green claims.
◆ Coverage
1 source · 1 Sep 2026
◆ Related on Wire
◆ Topics