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Stockholm Exergi Lands World's Largest Permanent Carbon Removal Deal With Microsoft
Tuesday May 7, 2024. 04:10 AM , from Slashdot
'Leveraging existing biomass power plants is a crucial first step to building worldwide carbon removal capacity,' Brian Marrs, Microsoft's Senior Director of Energy & Carbon Removal, said, highlighting the importance of sustainable biomass sourcing for BECCS projects, as is the case with Stockholm Exergi. The partners will adhere to stringent quality standards, ensuring transparent reporting and adherence to sustainability criteria. The BECCS facility, once operational, will remove up to 800,000 tons of carbon dioxide (CO2) annually, contributing significantly to atmospheric carbon reduction. With environmental permits secured and construction set to commence in 2025, Stockholm Exergi plans to reach the final investment decision by the end of the year. Read more of this story at Slashdot.
https://news.slashdot.org/story/24/05/07/0126256/stockholm-exergi-lands-worlds-largest-permanent-car...
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