'Supply chains still powered by coal and gas' scoffs Greenpeace
Microsoft has inked a contract with Occidental Petroleum to buy 500,000 metric tons of carbon dioxide removal "credits" over six years to support its overall carbon strategy. The move follows a dramatic rise in Microsoft's COCarbon credits are a way of buying a verifiable emissions reduction from a third party in other to"offset" one's own emissions, and the concept has come in for some controversy over the years.
"A commitment of this magnitude demonstrates how one of the world's largest corporations is integrating scalable Direct Air Capture into its net zero strategy," says 1PointFive President and General Manager Michael Avery. It seems likely that this latest agreement may be intended to counteract this. We asked Microsoft for the reasons behind it and will update if we get answers.
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