Microsoft Sign Massive Carbon Credit Deal with Refottestation Startup Chestnut Carbon Carbon Carbon
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Microsoft announced on Thursday that purchased more than 7 million tons of carbon debt from Chestnut Carbon.
The 25-year Deasy would let Checknut Carbon grow 60,000 acres of land in Arkansas, Louisiana and Texas, Axios reported. Recently, the Tech company has been fought against its carbon diagnosis as AI has continued the construction of data center and use.
Microsoft has reported the last year that its output has increased by 29% since 2020 because of the boom in AI and Cloud Computing, its computer flaming, the blood of the 2030 to encrypt a greater carbon. In 2023, the company reported to produce 17,1 million tons of greenhouse gases before ending.
Carbon credits come to the point of viewing. Chestnut Carbon focuses on destruction, where the company is preparing to plant a tree and monitor new forests to ensure that it grows as organized and not limited. The company currently has eight in southeastern projects, which had been active as farms or pastures.
Environmental trees in a row by carbon as they grow, although not all carbon related credits are equal. CREDITS from non-Dorinium-growing trees usually appear as low quality and sell less than biodiversity. Direphase support projects, indigenous stones usually sell for the premium from the natural result of the effects that the result is achieved over time.
Even the Premium Carbon Credits from hiptetation, restart, and restricted of deforestation is a limited agreement compared to other alternatives. Chestnut Carbon sells credits last year for each ton, and the direct of the direct spiritual, which uses the chemical and chemical chemicals to draw a2 Out of the atmosphere, it costs about $ 600 to $ 1,000 each ton. Without the cost of the cost, Microsoft is also purchasing carbon credits from the beginning of the air.
With all their energy, carbon is always perfect. Verra, with the largest carbon credit billfolio debt, was a matter of investigations in 2023 reported that the organization had strengthened the benefit of its projects. The combination leaded to the CEO and makes the industry again examined the standards used. Chestnut Carbon, who used prraa previously to ensure its carbon credits, today is using gold standard.
