From Bloomberg via The Derrick, April 14:
Microsoft Corp., the world’s biggest investor in carbon removal projects, rejected speculation that it is abandoning its efforts to build out the technology.
“Our carbon removal program has not ended,” Microsoft Chief Sustainability Officer Melanie Nakagawa, said in an emailed comment to Bloomberg. “We continue to both build on and support our existing portfolio of both nature-based and technology-based solutions.”
The comments follow a Heatmap report that the technology behemoth is pausing carbon removal purchases.
Bloomberg reported separately that individual Microsoft staff had started calling some carbon-removal project developers to tell them the work was being shelved. In one instance, Microsoft employees said the decision was motivated by financial considerations, according to people familiar with the matter who asked not to be identified discussing private talks.
Nakagawa said Microsoft may choose to recalibrate its approach to reducing its carbon footprint, while insisting such steps don’t constitute a retreat from the company’s commitment to its climate goals....
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Here's one of the earlier Bloomberg stories:
Microsoft Staff Tell Carbon Removal Projects That Deals Paused
Staff at Microsoft Corp. have told some developers of carbon removal credits that the company is pausing what is currently the world’s biggest program for financing the extraction of CO2 from the atmosphere.
Employees at the software giant have called a number of carbon project developers in recent days to say Microsoft is putting purchases on hold, according to two people familiar with the matter who asked not to be identified disclosing confidential information. In one instance, Microsoft employees said the decision was motivated by financial considerations, one of the people said.
Microsoft is by far the largest investor in removal credits, having set an ambitious goal to be carbon negative by 2030. The company is engaged in deals across a variety of technologies, with BloombergNEF estimating that its purchases in 2025 accounted for 96% of the entire market....
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