Carbon dioxide removal purchases by Microsoft 2023, by leading supplier
Microsoft is a leading investor in carbon removal technologies. In May 2023, Microsoft signed one of the largest ever carbon removal deals with Danish energy provider Ørsted for the purchase of 2.76 million metric tons of carbon removal at Asnæs Power Station over an 11-year period. Microsoft has also signed a 10-year carbon removal offtake agreement with Climeworks, the highest valued CCS startup worldwide, to remove 10,000 metric tons of CO₂ from the atmosphere.
As of September 2023, Microsoft had purchased roughly 3.1 million metric tons of carbon dioxide removals (CDR).