It’s purchasing carbon removal credits from climate tech startup CarbonCapture.
Image: CarbonCapture via Business Wire
Microsoft, an early backer of emerging technologies that take carbon dioxide emissions out of the atmosphere, has agreed to purchase carbon removal credits from Los Angeles-based startup CarbonCapture. CarbonCapture has a massive facility called a direct air capture plant in the works in Wyoming. Named, the facility is projected to start running sometime in the latter half of 2024. The startup has developed modular technology that draws in CO2 from the ambient air so it can be stored underground, preventing the greenhouse gas from contributing to climate change.
The startup has developed modular technology that draws in CO2 from the ambient air so it can be stored undergroundof becoming “carbon negative” by 2030, meaning it would remove more CO2 pollution from the atmosphere than it generates through the use of fossil fuels. By 2050, Microsoft also plans to remove the equivalent of all its historical emissions since the company was founded.
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