Microsoft has announced today that in order to combat the escalating threat of global warming due to excessive carbon emissions, it plans to become "carbon negative" by 2030, and to remove as much carbon from the atmosphere as it has produced since its founding by 2050.
In an official blog post, Microsoft emphasized the need for the world to reach 'net zero' emissions as soon as possible, effectively seeing humanity remove as much carbon as it emits each year. It adds that "those of us who can afford to move faster and go further should do so," announcing its plan for a new one billion dollar climate innovation fund to help accelerate global development of carbon reduction, capture, and removal tech.
"We are launching today an aggressive program to cut our carbon emissions by more than half by 2030, both for our direct emissions and for our entire supply and value chain. We will fund this in part by expanding our internal carbon fee, in place since 2012 and increased last year, to start charging not only our direct emissions, but those from our supply and value chains."