Microsoft and climate solutions provider The Next 150 announced that they have signed a 6-year offtake agreement, with Microsoft purchasing 95,000 tons of carbon removal credits generated by a new biochar production facility in Mexico. Biochar, or biological charcoal, is produced by heating biomass, such as forest residue, wood or crop waste, in the absence of oxygen, creating a stable…
The U.S. Department of Energy (DOE) announced today the selection of 33 projects to be awarded up to $6 billion in funding aimed at advancing technologies to help significantly reduce emissions across hard-to-decarbonize industries across sectors including chemicals, steel, food, refining and cement, among others. According to the DOE, the announcement marks the largest-ever U.S. investment in industrial decarbonization, and…