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Reading: Microsoft Signs Deal to Capture CO2 with Rocks by 2036
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COINTURK FINANCE > Business > Microsoft Signs Deal to Capture CO2 with Rocks by 2036
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Microsoft Signs Deal to Capture CO2 with Rocks by 2036

Overview

  • Microsoft and UNDO aim to remove 28,900 tonnes of CO2 by 2036.

  • Enhanced rock weathering also boosts soil health and agricultural productivity.

  • Financial backing from Inlandsis facilitates global scaling of similar projects.

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In a bid to tackle climate change, UNDO and Microsoft (NASDAQ:MSFT) have expanded their collaboration to capture 28,900 tonnes of CO2 by 2036 using enhanced rock weathering (ERW). With Microsoft’s commitment to becoming carbon negative by 2030, strategic alliances like these are integral. Although the concept sounds novel, the application of rock weathering has historical precedent. UNDO’s approach fast-tracks this natural process to offer scalable carbon removal, combined with soil enrichment properties, aligning well with Microsoft’s long-term sustainability goals.

Contents
Can UNDO Achieve its Carbon Capture Goals?How Will Innovative Financing Support These Efforts?

While several companies have partnered with tech giants for carbon capture, UNDO’s focus on agricultural land sets it apart. Previously, similar endeavors sometimes lacked the scalable approach that ERW offers. The inclusion of calcium-silicate minerals not only draws CO2 from the atmosphere but also bolsters soil fertility and plant health. This dual benefit makes ERW a compelling option for large-scale CO2 removal projects in agriculture-focused areas.

Can UNDO Achieve its Carbon Capture Goals?

UNDO’s collaboration with Microsoft exemplifies its commitment to sustainable carbon removal. Utilizing 90,000 tonnes of crushed wollastonite across Canadian farmland, UNDO intends to efficiently enhance soil and trap CO2 simultaneously. The mineral’s high calcium content is crucial for neutralizing soil acidity and supporting robust plant growth. With scientific validation backing its efforts, UNDO endeavors to reach gigaton-scale carbon removal in future projects.

How Will Innovative Financing Support These Efforts?

Financial backing is pivotal for achieving UNDO’s ambitious goals. The support from Canadian climate fund Inlandsis is designed to facilitate global scaling of similar projects. This financial model accelerates the transition of carbon removal projects into legitimate asset classes. Jim Mann, CEO at UNDO, highlights the role of innovative financing, noting its potential to make projects “scalable, tradable, and investable.”

Microsoft stands as one of UNDO’s major collaborators in this endeavor, contributing to the 49,000 tonnes of carbon removal previously agreed upon. The ongoing partnership emphasizes the importance placed by Microsoft on rigorous, scientifically-backed solutions for achieving its sustainability targets. Microsoft’s Phillip Goodman projects confidence in UNDO’s methodology, pointing to enhanced rock weathering as “a promising pathway to gigatonne-scale carbon removal.”

Understanding this partnership requires looking at Microsoft’s broadening strategy, which hopes to curb carbon emissions to net-zero by investing in varied technologies. Microsoft, one of the largest buyers of carbon removal credits globally, aims to explore various pathways to address environmental concerns. This partnership with UNDO further demonstrates Microsoft’s committment towards ecological responsibilities.

Advanced initiatives like ERW are becoming crucial in climate change mitigation, offering benefits beyond merely capturing CO2. They also address soil health and agricultural productivity, making them attractive for broader adoption in climate-sensitive regions. Stakeholders in sustainable technology and agriculture may find natural synergies here as resource use becomes more efficient and sustainable.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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