Microsoft to Buy Carbon Removal Credits From Carboncapture

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  • 30 Mar 2023
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Microsoft to Buy Carbon Removal Credits From Carboncapture

Microsoft has agreed to buy carbon removal credits from California-based startup CarbonCapture, the owner of Project Bison, a direct air capture (DAC) plant in Wyoming. The DAC facility uses a technology that sucks in carbon from the air and stores it underground, thereby preventing the gas from contributing to global warming. It is projected to start its carbon capture activity in late 2023. The negotiations for the deal had begun 6 months ago when CarbonCapture announced the project to the public. Director of Microsoft’s Carbon Removal unit, Phillip Goodman, stated that “purchasing DAC carbon removal credits is important for Microsoft’s carbon-negative goal” and will help boost the growth of the direct air capture industry.

Source:  carboncredits.com