Overview

• Microsoft to purchase 500,000 metric tons of carbon removal credits from Occidental Petroleum's 1PointFive.
• The deal, spanning six years, involves Direct Air Capture technology to remove CO2 from the atmosphere.
• Microsoft's carbon emissions have surged due to the energy demands of AI and new datacenters.
• The agreement underscores the growing role of carbon capture in corporate climate strategies.
• Critics argue that carbon credits might distract from more direct decarbonization efforts.