Carbon Markets

The plant will use sustainable materials like sugarcane bagasse and trimmings from prudent forest management to produce clean energy while capturing 680,000 metric tons of biogenic carbon dioxide per year for permanent storage or beneficial use, like as a feedstock for low-carbon natural gas or other synthetic fuels.

Under the agreement, Microsoft will purchase 3.685 million tonnes of CDR over 12 years. This agreement represents one of the largest engineered CDR purchases to date.