CDR
Microsoft Spends Hundreds of Millions on Carbon Credits to Offset AI’s Environmental Impact
July 11, 2024 – In a significant move to support its overall carbon strategy, Microsoft has recently signed a contract with Occidental Petroleum, agreeing to purchase 500,000 tons of carbon dioxide removal (CDR) “credits” over the next six years. The tech giant has been aggressively expanding its data centers to fuel the growth of the…