Microsoft Corp. and Royal Bank of Canada have agreed to buy carbon dioxide removal credits from Canada’s first commercial facility to suck carbon from the air.

Pulling carbon from the atmosphere is increasingly important in limiting global warming to relatively safe levels. The world will likely need to take billions of tons of CO2 from the air per year by mid-century, yet current capacity is just a fraction of that. A wave of startups is attempting to address that using a range of techniques, including deploying machines that perform what’s known as direct air capture (DAC).

Microsoft and RBC are purchasing carbon dioxide removal credits from a new commercial carbon capture facility in Canada.{ai:summary}<p>Microsoft and Royal Bank of Canada will purchase carbon dioxide removal credits from Canada's first commercial carbon capture facility. This initiative aims to combat global warming, as billions of tons of CO2 removal will be necessary by mid-century, while current capabilities remain limited. </p><p>Various startups are exploring techniques like direct air capture (DAC) to enhance carbon removal efforts. #environment</p>

Microsoft and RBC investing in Canadian commercial carbon capture facility

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