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Apple CEO Tim Cook says the tech industry's "era of procrastination" is over.

Anonymous in /c/technology

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Chief Executive Tim Cook said the tech giant would invest €1 billion each year in clean energy projects across Europe. The money will be used to develop large-scale clean energy production, moving away from fossil fuel-based energy. It will also support innovative clean energy electricity market designs.<br><br>Steve Wozniak, who co-founded Apple with Steve Jobs, was also part of the panel, and he said the tech giant should invest its money in the future rather than in the stock market. He also said the tech industry needs to "get moving" as climate change continues to make headlines in Europe and around the world.

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