Microsoft has signed a mass carbon loan deal

Microsoft announced that he received more than 7 million tons of carbon loans from chestnut carbon on Thursday.

The 25-year contract will allow chestnut carbon cause to carve Arkansas, Louisiana and Texas, 60,000 acres between Axios declare. Recently, Tech Company is reconstructed in carbon emissions because the EU data center has shown an increase in the construction and use of the Information Center.

Microsoft said last year as a result of a boom in the EU and Cloud calculation since 2020, and the cloud has increased by 29% since 2020. In 2023, the company reported was created 17.1 million tons Greenhouse Previously from gas emissions.

Carbon loans are in a number of flavors. The chestnut carbonates is focused on the control of the forests they watched new forests to make the company planting and then planned to plant and cut the company. The company currently has eight projects in the southeastern United States, which has previously worked as farm or pasture.

As the trees grow naturally, the carbon loans associated with the entire forest are not equivalent. Native, fast-growing trees Loans from the plant projects are generally seen as a lower quality and do not support less biodiversity and trees tend to live for a long time. Projects that support various, native plantations, award-winning projects since the ecosystems that are tending to become more solid over time.

The award from the forests, the award of forests is a relative contract compared to some alternatives to prevent and prevent forests. Last year, chestnut carbon sold loans, 34 dollars for $ 34 per ton, use direct air capture, fans and chemical sorbents_2nd The atmosphere costs 600 to $ 1,000 per ton today. Despite the cost differential, Microsoft has received both carbon loans Direct air capture beginnings.

All strong, nature-based carbon loans are not always perfect. Verra, which has the largest nature-based carbon loan portfolio, was one’s subject Extensive research In 2023, the organization’s projects exceeded the benefits of the climatic. Caused the scandal CEO’s Obuster and re-evaluated the standards used by the industry. Previously, the chestnut carbon used to confirm Verran’s carbon loans, today uses the gold standard.