Microsoft $MSFT has recently signed a groundbreaking contract for an innovative climate project in Louisiana. Over the next 15 years, this initiative is set to remove 6.75 million tonnes of carbon dioxide, marking it as the largest global venture of its kind. The project underscores Microsoft’s commitment to reducing its carbon footprint amid rising energy demands driven by advanced technologies such as artificial intelligence.
Nordea Bank Ab, one of Europe's leading banks, has announced its commitment to purchase at least 68,000 carbon credits as part of a project designed to capture carbon dioxide (CO2) and store it on the seabed of the North Sea. This initiative represents a significant step in the bank's strategic approach aimed at supporting technologies that help remove carbon from the atmosphere.
