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What will be the primary application of the CO2 removal credits purchased by Microsoft from Occidental by July 10, 2025?
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Resolution / Starting Odds
Offsetting AI operations emissions • 25%
Offsetting data center emissions • 25%
Offsetting general corporate emissions • 25%
Other specific applications • 25%
Official announcements from Microsoft, or verified reports from credible news agencies
Story
Microsoft Signs Record Deal with Occidental for 500,000 Carbon Credits
Jul 10, 2024, 02:01 AM
Microsoft has signed a record carbon credit deal with Occidental Petroleum to offset its emissions amid a surge in energy consumption driven by its AI operations. The agreement involves Microsoft purchasing 500,000 carbon removal credits from Occidental's subsidiary, 1PointFive, over the next six years. This move is part of Microsoft's broader strategy to achieve its carbon-negative goal. The Oxy subsidiary is to deliver 500,000 tons of CO2 removal.
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