Published 09/12/2024 1:09:20 p.m.

Microsoft, Google Announce Major Carbon Removal Deals

Summary by Asia Financial

Technology giants Microsoft and Google announced big purchases of carbon removal credits this week, signing deals with firms working on rainforest restoration and direct-air capture technology. On Tuesday, Microsoft announced it would purchase 234,000 tons of carbon removal from Mexican startup Toroto that is working on restoring and protecting Mexico’s key rainforests. The investment would go towards funding ecosystem restoration of up to 47,00…

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Microsoft, Google Announce Major Carbon Removal Deals

Technology giants Microsoft and Google announced big purchases of carbon removal credits this week, signing deals with firms working on rainforest restoration and direct-air capture technology. On Tuesday, Microsoft announced it would purchase 234,000 tons of carbon removal from Mexican startup Toroto that is working on restoring and protecting Mexico’s key rainforests. The investment would go towards funding ecosystem restoration of up to 47,00…

09/12/2024 1:09:20 p.m.

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