Google eyes carbon neutrality with energy subsidiary

Google has notified Federal regulators that it is forming an energy subsidiary that would buy and sell power on the wholesale market. Google Energy is reportedly designed to buy and sell power in an effort to become carbon neutral corporation.

The move, another step toward entering the energy business via Google Energy LLC, was spied by CNet News’ Martin Lamonica. On Tuesday, a reference to Google Energy was in the Federal Register. You can find that reference in the Federal Register.

According to the Department of Energy, anyone wanting to protest Google’s move should file a complaint with the Federal Energy Regulatory Commission by Jan. 19.

LaMonica reports that Google’s energy foray is really about being carbon neutral. The search giant isn’t looking to be a utility, but didn’t rule out the possibilities.

This post was originally published on Smartplanet.com