Microsoft announced on Thursday that it buys more than 7 million tons of carbon carbon carbon credits.
The 25 -year -old Carbon deal will enable chestnuts to reset 60,000 acres of land throughout Arkansas, Louisiana and Texas, Axius I mentioned. Recently, the technology company has struggled to curb its carbon emissions because artificial intelligence has prompted an increase in building and using the data center.
Microsoft reported last year that its emissions increased by 29 % since 2020 as a result of an artificial intelligence and cloud computing, which exposes its 2030 target in carbon isolation more than it results. In 2023, the company reported its generation 17.1 million tons It is a greenhouse gas emissions before displacement.
Carbon credits come in a group of flavors. Crobon’s chestnut focuses on reintegration, as the company facilitates trees and then monitors the new forests to ensure their growth as planned and not cut. The company currently has eight projects in the southeastern United States, which was previously operating as a farmer or pasture.
Trees were removed naturally as they grow, although all of all carbon balances related to forests are equal. The credits are one of the projects that cultivate non -original and fast trees in general as less quality and sell them less because they do not tend to support the largest amount of biological diversity, and the trees do not tend to live for a long time. Projects that support various original farms, usually sell them in addition to the fact that the ecosystems that produce tend to be more flexible over time.
Even excellent carbon credits of installation, re -liberation, and deforestation are a comparative deal to some alternatives. The carbon carbon sold the credits last year for $ 34 per ton, while the direct air capture, which uses fans and chemicals to draw CO2 From the air, it costs about $ 600 to $ 1,000 per ton. Despite the difference in cost, Microsoft also bought carbon balances of direct emerging companies.
For all their strengths, natural carbon credits are not always perfect. Vera, who had the largest nature -based carbon credit portfolio, was the subject Intensive In 2023, it stated that the organization is exaggerated from the climate in its projects. The scandal led to CEO overthrow The industry has re -evaluated the criteria it uses. Cross Cross, which formerly used Verra, is used to ratify carbon balances, today the gold standard.