Prithvi Awards 2026 Coming Soon

16th December, 2025 News

December 16, 2025|ESG Research Foundation
16th December, 2025 News

Microsoft has signed a long-term agreement to purchase 3.6 million metric tons of carbon removal units from C2X’s Beaver Lake Renewable Energy project in Louisiana. The $2.5 billion facility will convert sustainably sourced forestry residues into low-carbon bio-methanol while capturing and permanently storing CO₂. Construction is expected to begin in 2026, with operations starting in 2029.

At full capacity, the plant aims to capture around 1 million metric tons of CO₂ annually. The agreement supports Microsoft’s broader goal of becoming carbon negative by 2030 and highlights its commitment to scalable, verifiable climate solutions while accelerating the development of engineered carbon removal technologies.

Reference: Read more

E
ESG Research Foundation

Govt. of India registered not-for-profit advancing Environmental, Social and Governance awareness since 2021. CSR Reg. No. CSR00080480 · Section 80G: AAGCE6189D23CD02

About ESG Research Foundation →