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Dramatic rise in CO2 emissions: Microsoft plans to buy 500,000 tons of CDR by 2030

16/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Microsoft has signed a contract with 1PointFive, following the dramatic increase in its CO2 emissions. Through this signature, he plans to buy 500,000 tons of carbon credits (CDR) from him over the next six years

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1PointFive is a carbon dioxide capture and sequestration company using direct air capture (DAC). She indicated that CO2 captured on behalf of the Redmond firm will be stored by saline sequestration in Texas. Microsoft intends to become carbon neutral by 2030 but its carbon emissions are increasing every year with the accelerated construction of data centers, mainly to generate artificial intelligence (AI) and store data. In 2023, Microsoft's CO2 emissions reached 15.36 million tons

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