A new deal was recently announced between Microsoft and CO280, a carbon removal and storage company based out of Vancouver, B.C. that is currently expanding projects and partnerships across North America. As part of Microsoft’s goal to reach carbon negative by 2030, this new deal will span 12 years to capture and store 3.685 million metric tons of carbon emitted from a U.S. pulp and paper mill.
“The CO280 strategy of adding carbon removal to existing paper mills is an efficient way to quickly scale carbon removal and bolster investment and jobs into timberland communities across the United States,” said Brian Marrs, Microsoft’s senior director of energy and carbon removal, in a statement.
Microsoft teamed up with Carbon Direct last week to announce new science-based criteria for verifying impactful marine carbon dioxide removal.
Read more here: Microsoft and B.C. startup ink massive carbon removal