According to a report by Morgan Stanley, a boom in data centres is expected to produce about 2.5 billion metric tons of carbon dioxide (CO2)-equivalent emissions globally through 2030 and accelerate investments in decarbonisation efforts.

The report mentioned that hyperscalers are driving the growth of data centres that consume unnecessary large amounts of electricity to expand their artificial intelligence and cloud computing technologies. On a contrast, the companies are holding onto pledges to slash global warming emissions from their data centres by 2030 at the same time.

As per the report, the greenhouse gas emissions by the global data centre industry will amount to about 40 per cent of what the entire U.S. emits in a year.

Moreover, the report highlighted that the build-out of giant computer warehouses will increase investments in clean power development, energy efficient equipment and so-called green building materials. In addition, carbon capture, utilisation, and sequestration technology and carbon dioxide removal processes are also expected to grow while technology companies try to keep their climate promises.