Input-output analysis of 2000-2022 data reveals ICT directs substantial financial flows to Oil & Gas (averaging 2%, with 2022 ratio >4:1 vs renewables), implying added emissions from digitalizing fossil fuel activities and early ties to GPU technology.
L. 1480: Enabling the Net Zero transition: Assessing how the use of information and communication technology solutions impact greenhouse gas emissions of other sectors
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Counting own goals: High-level assessment of the economic relationship between the ICT and the Oil and Gas sectors and its environmental implications
Input-output analysis of 2000-2022 data reveals ICT directs substantial financial flows to Oil & Gas (averaging 2%, with 2022 ratio >4:1 vs renewables), implying added emissions from digitalizing fossil fuel activities and early ties to GPU technology.