Items Tagged with "Carbon Removal"
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Microsoft Signs for Ocean Carbon Removal
Software company Microsoft signed an agreement to remove up to 350,000 tons of CO2 over the next 10 years.The company will partner with Ebb Carbon to use the company’s Electrochemical Ocean Alkalinity Enhancement (OAE), a method that increases the ocean’s natural ability to draw down and Read More...
Weekend Reads: The Carbon Offset Debate; New Powder Captures CO2
It's the weekend! Kick back and catch up with these must-read articles from around the web:More companies ditch junk carbon offsets but new buyers loom (Bloomberg) Corporate purchasers are moving away from projects rated ineffective by a watchdog even as dealmaking at the UN climate Read More...
London Marathon Events Signs Third Carbon Removal Deal
London Marathon Events (LME), a mass-participation events organizer, signed another deal for carbon removals as part of its net zero strategy.The company signed its third deal with CUR8 and will purchase 1,935 tons of carbon removals from the global carbon removals market maker.A carbon removal cred Read More...
Boston Consulting Group Purchases Carbon Removal
Boston Consulting Group (BCG) announced the purchase of 50,250 tons of certified carbon dioxide removals (CDRs) as part of the company’s goal to neutralize 100% of its emissions through high-quality carbon removal credits by 2030.BCG signed the agreement with ClimeFi, a portfolio manager for p Read More...
Google Enters Two Partnerships for Carbon Removal
Google announced two partnerships to scale biochar for CO2 removal.The tech company signed two long-term purchase agreements to help scale biochar as a carbon removal solution and partnered with Varaha and Charm to purchase 100,000 tons of biochar carbon removal from each company by 2030, according Read More...
Microsoft Signs 7 Million Ton Carbon Removal Agreement
Microsoft signed a long-term agreement to receive nature-based carbon removal from its afforestation, reforestation and revegetation (ARR) project in the southern U.S., including Arkansas, Texas and Louisiana.Microsoft signed the agreement with Chestnut Carbon, a nature-based carbon removal develope Read More...
LEGO Group Commits to Carbon Removal Solutions
The LEGO Group announced a DKK 19 million commitment toward four carbon removal projects.The company partnered with Climate Impact Partners and ClimeFi for the commitment, and the initiatives will support biochar, enhanced rock weathering and reforestation and deliver carbon removal credits between Read More...
How Amazon approaches carbon credits, a key tool in the fight against climate change
Climate scientists agree that in addition to decarbonizing the global economy, slowing down climate change requires halting the loss of forests, and restoring millions of square miles of the trees that pull carbon dioxide from the air, and release CO2 when they’re cut down. Yet, since 2000, th Read More...
Tik Tok, Two Drifters Obtain Carbon Removal
Social media company Tik Tok and brewer Two Drifters signed an agreement for 6,000 tons of CO2 removal.The agreement was signed with Climeworks, which will remove CO2 for TikTok through a portfolio of direct air capture, biochar, and reforestation and continue its collaboration with Two Drifters foc Read More...
United Airlines Purchases Carbon Removal
United announced that the UAV Sustainable Flight Fund made an investment in a direct air capture (DAC) company and plans to purchase carbon dioxide removal.The airline made an investment into Heirloom — which produces measurable, quantifiable carbon reduction technology — and added it to Read More...
Microsoft Signs Carbon Removal Agreement in India
Software company Microsoft announced it signed a project for carbon removal credits.Climate Impact Partners announced a new deal with Terra Natural Capital to deliver long-term finance to the Panna afforestation project in India, and Microsoft will purchase 1.5 million tons of verified carbon r Read More...
