Microsoft’s carbon removal plans aren’t dead after all
Microsoft is purchasing 650,000 metric tons of carbon removal credits from startup BioCirc, the company said today. As carbon removal deals go, it’s not a big buy. But this one…
Xprize Carbon awarded to a dirt simple carbon removal technology
Sometimes the simpler idea is the winner. That’s certainly the case with the winner of the Xprize Carbon Removal competition, which was announced on Wednesday. Mati Carbon walked away with…
Chestnut Carbon gets $160M to turn old farms into forests
Nature-based carbon removal startup Chestnut Carbon has raised $160 million in Series B financing, the company told TechCrunch. The startup buys marginal and degraded farmland, plants them with native trees,…
Microsoft signs massive carbon credit deal with reforestation startup Chestnut Carbon
Microsoft announced Thursday that it’s buying over 7 million tons of carbon credits from Chestnut Carbon. The 25-year deal would enable Chestnut Carbon to reforest 60,000 acres of land across…
Direct ocean capture may be the next frontier for carbon removal
For the past few years, direct air capture has been seen as a potential silver bullet to the climate crisis. But now a startup originally from the snowy wastes of…