Stockholm Exergi announces permanent carbon removal agreement with Microsoft, world's largest to date
STOCKHOLM, May 6, 2024 /PRNewswire/ -- Stockholm Exergi today announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm.
- STOCKHOLM, May 6, 2024 /PRNewswire/ -- Stockholm Exergi today announced that it has signed a contract with Microsoft covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm.
- "The agreement with Microsoft is a huge step forward for our BECCS project, Stockholm Exergi as a company and the climate.
- "We are extremely proud to announce this carbon removal offtake with Stockholm Exergi from its pioneering Värtan BECCS project.
- As confirmed in the agreement with Microsoft, Stockholm Exergi will deliver carbon removals following strict quality requirements.