Microsoft has entered into a new agreement to purchase 3.5 million tons of carbon removal credits from Brazilian company Re.green over the next 25 years. This purchase aims to offset rising carbon emissions from its data centers driven by AI development. The financial commitment could amount to $200 million. This contract follows an earlier agreement involving the planting of millions of seedlings to restore ecosystems, highlighting the growing carbon credit market. However, Microsoft's total emissions have risen nearly 30% since 2020, undermining its goal to be carbon-negative by 2030.
"This collaboration serves as tangible evidence that this market not only exists but has significant potential for growth in Brazil. We are committed to forging additional partnerships of this calibre."
"Despite setting the ambition to be carbon-negative by 2030, Microsoft admitted its overall emissions had swelled by nearly 30 percent since 2020."
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