Microsoft taps India’s Varaha for durable carbon removal offtake
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Microsoft has announced a significant purchase of over 100,000 tons of carbon dioxide removal credits from India's Varaha, which will take place over the next three years. This move is part of Microsoft's broader strategy to enhance its sustainability efforts and reduce its carbon footprint. By partnering with Varaha, Microsoft aims to support innovative carbon removal technologies while contributing to global climate goals.
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The carbon credit market has gained traction as businesses seek to meet environmental regulations and consumer expectations for sustainability. India's Varaha is positioned as a key player in this space, offering solutions that align with global climate initiatives. Microsoft's investment underscores the urgency of addressing climate change and the role of corporate responsibility in achieving these goals.
This article is for informational purposes only and does not constitute financial or investment advice.
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