Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
Microsoft purchases 3.6 million metric tons of carbon removal from a bioenergy facility

Microsoft purchases 3.6 million metric tons of carbon removal from a bioenergy facility

Bitget-RWA2025/12/12 23:15
By: Bitget-RWA

Microsoft Secures Major Carbon Removal Credits from Louisiana Biofuels Facility

On Thursday, Microsoft revealed plans to acquire 3.6 million carbon removal credits from a Louisiana-based biofuels facility operated by C2X. Scheduled to launch operations in 2029, this plant will convert forestry byproducts into methanol—a versatile substance used as fuel for ships and aircraft, as well as a key ingredient in chemical production. The facility is expected to generate over 500,000 metric tons of methanol annually, while capturing and storing approximately 1 million metric tons of carbon dioxide, most likely through underground sequestration.

Expanding Carbon Removal Initiatives

This latest purchase adds to Microsoft’s growing portfolio of carbon removal agreements over the past year, including deals for 4.9 million metric tons with Vaulted Deep, 3.7 million metric tons with CO280, and 7 million metric tons with Chestnut Carbon. As Microsoft rapidly increases its data center operations, the company faces new challenges in meeting its 2030 commitment to remove more carbon from the atmosphere than it emits. In addition to investing in renewable and nuclear energy, these carbon removal credits are a crucial part of Microsoft’s strategy to counterbalance its future fossil fuel emissions.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ETH Whale Resumes Buying Spree After Market Dip

Major ETH whale withdraws $119M in ETH from Binance after borrowing $85M USDT, signaling renewed buying interest.Massive Borrowing and ETH Withdrawal from BinanceWhat It Means for Ethereum and the Market

Coinomedia2025/12/15 04:33
How Platforms Endorsed by Regulators Are Transforming Clean Energy Markets: Ushering in Greater Transparency and Market Fluidity

- CFTC-approved CleanTrade platform addresses fragmented clean energy markets by enabling transparent trading of vPPAs, PPAs, and RECs with $16B in notional value within two months. - Integration with REsurety's CleanSight analytics and S&P Global benchmarks reduces financial risks and establishes pricing standards, attracting institutional investors seeking accountability. - The platform's success signals maturing clean energy markets, democratizing access and aligning financial flows with decarbonization

Bitget-RWA2025/12/15 04:14
Clean Energy Derivatives: Pioneering the Next Era of Commodity Markets

- Clean energy derivatives market is projected to grow from $39T to $125T by 2032, driven by institutional adoption and CFTC-approved platforms like CleanTrade. - CleanTrade, a CFTC-sanctioned SEF, addresses market opacity by enabling transparent, liquid trading of VPPAs and other clean energy contracts. - High-profile transactions like Cargill-Mercuria trades validate the platform, while policy incentives and ESG alignment accelerate institutional investment in renewables. - Regulatory advancements and in

Bitget-RWA2025/12/15 04:14
Strategic advancements in infrastructure and regulatory frameworks enhance liquidity in clean energy markets and improve PPA risk management

- Corporate demand for renewable energy drives PPA growth, with 83% of 2024 European PPAs led by tech giants like Google and Amazon . - EU regulations like CBAM and CSRD enforce 24/7 carbon-free energy standards, pushing 70% of companies to modernize PPA strategies with GOs. - Strategic infrastructure innovations, including long-duration storage and hybrid gas-clean energy models, address intermittency and grid stability. - Aggregated/virtual PPAs and EIB's €500M pilot program lower barriers for SMEs, expa

Bitget-RWA2025/12/15 04:02

Trending news

More
1
ETH Whale Resumes Buying Spree After Market Dip
2
How Platforms Endorsed by Regulators Are Transforming Clean Energy Markets: Ushering in Greater Transparency and Market Fluidity

Crypto prices

More
Bitcoin
Bitcoin
BTC
$89,667.27
-0.59%
Ethereum
Ethereum
ETH
$3,121
+0.32%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$889.14
-0.66%
XRP
XRP
XRP
$2
-0.89%
USDC
USDC
USDC
$0.9998
-0.01%
Solana
Solana
SOL
$131.32
-1.12%
TRON
TRON
TRX
$0.2806
+2.37%
Dogecoin
Dogecoin
DOGE
$0.1366
-1.32%
Cardano
Cardano
ADA
$0.4032
-1.46%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter