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Dubai News Club > Tech > Microsoft will pay to capture carbon from burning wood
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Microsoft will pay to capture carbon from burning wood

Press Room
Last updated: 2023/05/15
Press Room
Published: May 15, 2023
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Microsoft just backed a big plan to capture carbon dioxide emissions from a wood-burning power plant. Today, the tech giant announced a deal with Danish energy company Ørsted to purchase credits representing 2.76 million metric tons of carbon dioxide captured at Ørsted’s Asnæs Power Station over 11 years.

It’s one of the biggest deals any company has made to date to draw down carbon dioxide emissions, according to a press release from Ørsted. The move is supposed to help Microsoft…

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