Microsoft and Ørsted ink 'one of the world's largest' carbon removal deals

James Murray
clock • 3 min read
Microsoft and Ørsted ink 'one of the world's largest' carbon removal deals

Offtake agreement will see Microsoft purchase 2.76 million tonnes of durable carbon removal credits from Danish biomass energy and carbon capture project

The carbon removal market chalked up another high profile deal today, after Microsoft announced it has agreed to acquire 2.76 million carbon removal credits from Danish energy giant Ørsted. The 11 year...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Long Duration Energy Storage: Is the government guilty of 'anti-battery bias'?

Green Party: Zack Polanski launches surprise leadership challenge

More on Offsets

Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills
Offsets

Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills

US tech giant inks yet another carbon removal credits deal, this time with firm which removes and permanently stores CO2 from pulp and paper mills

Amber Rolt
clock 11 April 2025 • 3 min read
Amazon launches carbon credit service
Offsets

Amazon launches carbon credit service

Retail and tech giant to offer suppliers, business customers, and Climate Pledge signatories access to science-based carbon credits

Stuart Stone
Stuart Stone
clock 20 March 2025 • 4 min read
Forest carbon credits: Quality can't come cheap
Offsets

Forest carbon credits: Quality can't come cheap

If we want high quality carbon credits that have tangible benefits for the climate, environment and communities to reach scale, then need to be willing to pay a higher price for them, argues Gabriel Labbate from the UN-REDD Programme

Gabriel Labbate, UN-REDD Programme
clock 13 March 2025 • 3 min read