Microsoft has partnered with carbon removal startup Vaulted Deep to permanently eliminate 4.9 million metric tons of carbon dioxide from the atmosphere by 2038. Vaulted Deep uses waste, such as human and animal waste, to create a carbon-rich slurry injected into underground rock formations. Microsoft aims to offset its 14.9 million metric tons of emissions last year, with other partnerships including Chestnut Carbon and CO280. The global carbon dioxide removal market is projected to grow to $2.55 billion by 2032, expanding at a 15% compound annual growth rate.
Microsoft has entered into a significant partnership with Vaulted Deep, a carbon removal startup, to permanently eliminate 4.9 million metric tons of carbon dioxide from the atmosphere by 2038. This agreement, spanning 12 years, marks one of the largest carbon removal deals globally to date [1].
Vaulted Deep specializes in managing organic waste, including human and animal waste, biosolids, manure, agricultural waste, and paper sludge. The company transforms this waste into a carbon-rich slurry, which is then injected deep underground for permanent storage. This innovative approach not only addresses waste management challenges but also contributes to climate change mitigation [1].
Microsoft's decision to partner with Vaulted Deep is part of its broader strategy to become carbon negative by 2030. The tech giant aims to offset its 14.9 million metric tons of emissions from last year through various partnerships, including one with Vaulted Deep and another with Chestnut Carbon and CO280 [1].
The global carbon dioxide removal market is projected to grow to $2.55 billion by 2032, expanding at a 15% compound annual growth rate. This growth is driven by increasing demand for scalable and permanent carbon removal solutions [2].
The agreement with Vaulted Deep is part of Microsoft's broader effort to accelerate durable, high-integrity carbon removal. The company's senior director of energy and carbon removal, Brian Marrs, described Vaulted Deep's solution as "scalable, low-risk, and truly permanent" [1].
References:
[1] https://www.esgtoday.com/microsoft-signs-one-of-largest-ever-carbon-removal-deals-with-biomass-waste-management-startup-vaulted-deep/
[2] https://www.financialexpress.com/life/technology/microsoft-is-spending-1-7-billion-to-buy-your-poop-it-will/3924992/
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