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Showing posts with the label #carbon removal

Apple Invests in Forests to Fight CC

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  $200 Million Forest Restore Fund Source:  Forest Stock Image Green, Profitable Forests To Remove Carbon Dioxide From the Air Apple is creating a $200 million fund that will invest in timber producing "Working Forests, managed specifically to remove carbon dioxide from the atmosphere.  Apple is partnering with the non-profit Conservation International on what it calls the Restore Fund, which will be managed by Goldman Sachs.  Besides fighting Climate Change, the forests will also generate a profit. Apple Fighting Climate Change The forests that the Restore Fund will invest in will produce commercial timber, be profitable and through proper forest restoration and management remove carbon dioxide.  Apple's goal for the Working Forests program is to remove one million metric tons of carbon dioxide every year.  Another objective is to demonstrate that sustainable forests and carbon removal can be profitable.   Multifaceted Green Approach The Restore Fund is a new initiative by Ap

Microsoft's Big Climate Change Fight

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Plans to Remove Carbon from Atmosphere with Target Dates Source:  Microsoft Commitment from the Top Microsoft has joined the fight against Climate Change in a big way.  It just announced that by 2030 it will have removed more carbon from the atmosphere than it emits.  And, by 2050, it hopes to have taken out as much CO2 as all the direct emissions the company has made since its founding in 1975. Very Different, Innovative Approach The world's largest software company's approach to fighting Climate Change is quite different and innovative.  Most companies promise to cut ongoing emissions or prevent new ones.  By contrast, Microsoft's pledge to remove existing carbon from the atmosphere is unique for corporate America. CEO Leadership The commitment to fighting Climate Change is coming from Microsoft CEO Satya Nadella.  Speaking today at Microsoft's Redmond, Washington headquarters, he said we, as a global company, have to offset the damag