Microsoft signs deal with Swedish partner to remove 3.3 million metric tons of carbon dioxide
Publishing timestamp: 2024-05-06 23:32:53
Summary
Microsoft signed a contract with Swedish energy company Stockholm Exergi to permanently remove 3.3 million metric tons of carbon dioxide, making it the largest carbon removal deal to date. The Swedish partner will build a carbon capture and storage project at its biomass power plant. Delivery of carbon removal certificates to Microsoft will begin in 2028 and continue for a decade.
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