Carbon Streaming To Provide Microsoft With Biochar Carbon Removal
TORONTO, ON, September 20, 2023, Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is delighted to announce that it will provide Microsoft with carbon removal credits from the Waverly Biochar project in Waverly, Virginia. The Waverly Biochar project is expected to deliver up to 10,000 tonnes of carbon dioxide removal credits per year towards Microsoft’s carbon negative target.
“We are delighted to be working with Microsoft to provide them with high quality and scalable carbon dioxide removals to support their carbon negative commitment. We’re particularly excited about the capacity for biochar to scale this decade with support from visionary organizations such as Microsoft,” said Oliver Forster, Vice President of Sales at Carbon Streaming.
“We’re pleased to work with Carbon Streaming to support the development of biochar as a carbon removal approach through the Waverly Biochar project. Carbon Streaming’s capacity to provide project- level finance is an important part of scaling this industry and it ensures we can focus on procuring carbon removal from high quality projects,” said Brian Marrs, senior director, energy and carbon, Microsoft.