Technology giant Microsoft has signed a deal with California-based CarbonCapture to purchase direct air capture (DAC) carbon removal credits.
A climate tech company, CarbonCapture is currently developing a large DAC facility in Wyoming that will follow a phased rollout plan to capture and store five million tonnes of atmospheric CO2 a year by 2030.
Read more: Landmark DAC project planned for Wyoming
Dubbed Project Bison, the site is expected to be the first commercial-scale project to utilise Class VI injection wells to permanently store CO2 captured from ambient air using DAC technology.
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