Microsoft Pauses New Carbon Removal Purchases, Reshaping Industry Outlook
Microsoft has begun telling suppliers it is pausing future carbon removal purchases, a move that could stall demand for the nascent industry that has relied on Microsoft as its biggest buyer (about 45 million tons historically and roughly 90% of recent purchases). The company says the pause isn’t indefinite and will be reassessed in light of market conditions as it pursues carbon-negative goals by 2030 and net-zero by 2050. The development comes amid mixed U.S. funding for carbon removal, potentially impacting industry growth.
