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Microsoft Buys Carbon Credits From Indian Startup
TechCrunch·
Microsoft has signed a three-year agreement to purchase nearly 37,000 tons of carbon removal credits from Indian startup Alt Carbon, marking a significant step in enhanced-rock weathering deals within Asia. This partnership underscores Microsoft's commitment to its climate goals, despite recent reports suggesting a pause in some procurement programs. Alt Carbon, a young company focused on innovative carbon removal techniques like enhanced rock weathering, will deliver credits from its project in eastern India. The deal highlights the growing importance of emerging markets in the carbon removal sector and the increasing demand for verified, scalable solutions.
Tags
climate
energy
regulation
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