Microsoft deal shows carbon removal credit market firing up

Microsoft buys $100M in carbon removal credits, signaling growing demand for climate solutions. #ClimateChange #Sustainability The carbon removal credits bought by Microsoft were from Orsted, which in turn received support from the Danish government to capture carbon dioxide from its power stations. The 2.76 million tonnes was one of the biggest carbon removal offtake deals…

May 22, 2023

1–2 minutes

Microsoft buys $100M in carbon removal credits, signaling growing demand for climate solutions. #ClimateChange #Sustainability

The carbon removal credits bought by Microsoft were from Orsted, which in turn received support from the Danish government to capture carbon dioxide from its power stations. The 2.76 million tonnes was one of the biggest carbon removal offtake deals signed anywhere in the world.

SOURCE: https://ift.tt/mXz0Oin