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As an ever-expanding group of U.S. businesses commit to using more renewable energy to power their operations, a new study has found that for many companies, cost savings is the single most important reason for doing so. This is according to results of the first major survey of large electricity users since President Donald Trump announced his decision to pull the U.S. out of the 2015 Paris climate agreement, conducted by SED Research. The Sept. 13 report, "Post-Paris: the State of Corporate Renewable Energy Sourcing," analyzes responses from executives at 94 companies and institutions, more than 40 of which are in the Fortune 500.

Social media giant Facebook has switched all electric accounts at its Menlo Park, Calif., headquarters to participate in a 100% renewable energy program created by a newly established California electricity supplier.