Microsoft buys 3.6M metric tons of carbon removal from bioenergy plant

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  • Microsoft announced Thursday it would buy 3.6 million carbon removal credits from a biofuels plant in Louisiana owned by C2X.
  • The plant, which is slated to begin operating in 2029, will process forestry waste into methanol, which can be used to power ships and planes and as a raw material for chemical manufacturing.
  • Altogether, the facility will produce more than 500,000 metric tons of methanol. About 1 million metric tons of carbon dioxide will be captured and stored, likely underground.

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Read the full news here: Microsoft buys 3.6M metric tons of carbon removal from bioenergy plant | TechCrunch

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