Cloud computing can cut carbon emissions by half and save $ billions

Blue-chip companies could reduce their carbon emissions by 50% if they migrate their data storage operations to the cloud, a new study says.

The study conducted by the Carbon Disclosure Project in London focused on large IT companies in France and the UK.  The study suggested that by 2020, U.S. companies with annual revenues of more than $1 billion can save $12.3 billion in energy costs and achieve carbon reductions equivalent to 200 million barrels of oil a year if they shift to shared data networks.

Read more at guardian.co.uk