Microsoft’s Carbon Removal Deal with CO280
Microsoft, the world’s leading Ive, and CO280, a innovative Vancouver-based company, announced a 12-year partnership aimed at capturing and storing carbon from U.S. pulp and paper mills. This deal targets a U.S. pulp mill, removing 3.685 million metric tons of carbon this year, marking one of the largest ever.
Microsoft aims to become carbon negative by 2030, but its increasing use of AI and energy-intensive machinery contributes significantly to rising carbon emissions. As a result, CO280’s strategy is becoming an efficient tool for scaling carbon removal and investing in sustainable industries.
MS potential for carbon reduction through its energy and carbon removal divisions is clear. Brian Marrs, CO280’s deputy director of energy, highlighted that the strategy’s effectiveness is seen across the U.S., boosting investments and job creation in the timber downside.
SLB Capturi plans to installs thisلينen technology on an existing paper mill to capture CO2 from a boiler stack, storing it permanently. However, Microsoft did not disclose the payment amount or the mill’s specific location, which remains to be determined.
CO280 has several remaining projects underway, with expectations to complete half within 2030. The move is a significant milestone for the company, business by CO280 exploring large-scale carbon removal deals, and projecting 10+ projects by 2030, as pharmaceutical.
MS is advancing in carbon removal technologies, both in purchasing removal credits and by establishing marketplaces and standards. Last year, it purchased 80% of high-durability carbon dioxide removal credits worldwide, totaling 5 million metric tons, including US deals with Ebb Carbon and Occidental Petroleum.
Internationally, Microsoft has signed agreements with Norway and Denmark, as well as Denmark. The payment for marine carbon removal targets a total of 4.3 million metric tons in 2024. Additionally, CO280 led a research and development program co-funding the announcement, thanks to Microsoft’s support in secured technology.
In summary, this partnership underscores Microsoft’s leadership in carbon removal, both domestically and internationally, demonstrating its commitment to sustainable progress.
