Microsoft Corp said on Thursday it aims to remove more carbon from the atmospher...
- Microsoft Corp said on Thursday it aims to remove more carbon from the atmosphere than it emits by 2030 and that by 2050, it hopes to have taken out enough to account for all the direct emissions the company has ever made.
Speaking from a stage at Microsoft’s headquarters in Redmond, Washington, Chief Executive Satya Nadella said that corporations need to create profitable solutions for the problems of both people and planet. Microsoft plans to cut its carbon emissions by more than half by 2030 across its supply chain. The plan includes the creation of a “Climate Innovation Fund,” which will invest $1 billion over the next four years to speed up the development of carbon removal technology.
Since 2012, Microsoft assessed the fee on direct emissions, electricity use and air travel, among other activities, but will expand it to cover all Microsoft-related emissions.Co-founder Bill Gates was an early backer of British Columbia-based Carbon Engineering, one of a handful of companies developing direct air capture technology.
Amazon.com Inc, the world’s largest online retailer, last year pledged to be “net zero carbon” by 2040 and to buy 100,000 electric delivery vans from a startup, after employee activists pushed the retailer to take a tougher stance on climate change.
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