Microsoft to purchase more than seven million tonnes of carbon credits from Chestnut

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Twenty-five-year deal would enable Chestnut Carbon to reforest 60,000 acres of land in Arkansas, Louisiana, and Texas, reports claim

Microsoft has announced it is to purchase more than seven million tonnes of carbon credits from Chestnut Carbon in a 25-year deal enabling the reforestation of 60,000 acres of land across Arkansas, Louisiana,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills

Microsoft inks deal with CO280 to remove carbon from US pulp and paper mills

US tech giant inks yet another carbon removal credits deal, this time with firm which removes and permanently stores CO2 from pulp and paper mills

clock 11 April 2025 • 3 min read
Amazon launches carbon credit service

Amazon launches carbon credit service

Retail and tech giant to offer suppliers, business customers, and Climate Pledge signatories access to science-based carbon credits

Stuart Stone
clock 20 March 2025 • 4 min read
Forest carbon credits: Quality can't come cheap

Forest carbon credits: Quality can't come cheap

If we want high quality carbon credits that have tangible benefits for the climate, environment and communities to reach scale, then need to be willing to pay a higher price for them, argues Gabriel Labbate from the UN-REDD Programme

Gabriel Labbate, UN-REDD Programme
clock 13 March 2025 • 3 min read