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Microsoft buys 650,000 tons of carbon removal credits, signaling recalibration not pause in its climate efforts

Market News
20 May 2026
TechCrunch
View Source
Neutral
pluang ai news

Microsoft has purchased 650,000 metric tons of carbon removal credits from startup BioCirc, confirming the company is recalibrating rather than pausing its carbon removal program. This deal, signed in May, involves credits generated from biogas projects that capture and store carbon dioxide underground. Despite reports of a pause, Microsoft insists its carbon removal efforts continue as it adjusts its approach to meet sustainability goals amid rising energy demands from AI development. The move is critical as Microsoft dominates over 90% of the carbon removal credit market, influencing the survival of startups in this sector.

More News (MSFT)

SpaceX's IPO tops $2.85T, reshaping Big Tech's 'Magnificent 7' dominance on Nasdaq.

SpaceX's IPO tops $2.85T, reshaping Big Tech's 'Magnificent 7' dominance on Nasdaq.

SpaceX debuted on Nasdaq under ticker SPCX, quickly reaching a $2.85 trillion market cap and surpassing Tesla, Meta, and Amazon. This historic IPO raised $85.7 billion, the largest ever, making Elon Musk the world's first trillionaire. The event chal...

Market News
Bullish
6 hours ago
SpaceX shares soar 10%, surpassing Amazon and briefly Microsoft in market value after $60B AI startup acquisition.

SpaceX shares soar 10%, surpassing Amazon and briefly Microsoft in market value after $60B AI startup acquisition.

SpaceX shares jumped about 10% for the third consecutive day, pushing its market value past Amazon's $2.66 trillion and briefly exceeding Microsoft's $2.93 trillion. This surge followed SpaceX's record IPO that valued the company above $2 trillion an...

Market News
Bullish
8 hours ago
SpaceX stock soars post-IPO, briefly surpassing Amazon and Microsoft in market value.

SpaceX stock soars post-IPO, briefly surpassing Amazon and Microsoft in market value.

SpaceX's stock surged following its IPO debut on Nasdaq, rising about 35% since it began trading last week. On Tuesday, shares climbed as much as 15%, pushing SpaceX's market capitalization beyond Amazon's $2.66 trillion and briefly above Microsoft's...

Market News
Bullish
9 hours ago
Investors invited to join Microsoft securities fraud lawsuit over misleading AI product claims

Investors invited to join Microsoft securities fraud lawsuit over misleading AI product claims

The Schall Law Firm has announced a class action lawsuit against Microsoft for alleged securities fraud related to misleading statements about its AI products. Investors who bought Microsoft shares between May 1, 2025, and January 28, 2026, are encou...

Market News
Bearish
9 hours ago
New ETF QDPL offers 4X S&P 500 dividend yield but with slightly lower total returns.

New ETF QDPL offers 4X S&P 500 dividend yield but with slightly lower total returns.

Pacer Financial's new ETF, QDPL, delivers an 8.78% year-to-date return and a 5.04% dividend yield, which is over four times the yield of the popular Vanguard S&P 500 ETF (VOO). QDPL achieves this by combining S&P 500 exposure with dividend futures th...

Market News
Neutral
10 hours ago
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