Microsoft Signs its First Ocean-Based Carbon Removal Agreement

Running Tide, an ocean health company, has signed an agreement with Microsoft to remove 12,000 tons of carbon dioxide equivalent (CO2e) through an Ocean Carbon Removal system. The system accelerates the ocean’s ability to remove CO2 naturally and sink it into the deep ocean. It uses natural processes such as photosynthesis and ocean alkalinity enhancement to fix carbon from the fast carbon cycle. The agreement includes innovations to ensure effective measurement, reporting, and verification, as the ocean-based carbon removal market is still in its early stages and lacks third-party certifications. Microsoft has committed to becoming carbon negative by 2030 and removing its historical emissions by 2050. Carbon removal is becoming increasingly important in mitigating climate change.

resource: https://www.esgtoday.com/microsoft-signs-its-first-ocean-based-carbon-removal-agreement/

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