22nd September 2023 News

Microsoft Signs Deal to Buy Biochar Carbon Removal Credits

Carbon Streaming, a carbon credit streaming company announced an agreement with Microsoft, to provide up to 10,000 tonnes of carbon dioxide removal credits per year from the Waverly Biochar project in Waverly, Virginia.
Biochar, or biological charcoal, is basically produced by heating biomass (forest residue, wood or crop waste etc.), in the absence of oxygen, leading to carbon sequestration and also helps in improving soil fertility.

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EU Lawmakers Ban Generic and Emissions Offsetting-Based Green Product Claims

The EU council has announced new rule, which will ban generic environmental claims such as “environmentally friendly” or “climate neutral,” unless proof of “recognised excellent environmental performance” is provided, along with claims that a product has a positive or reduced impact on the environment based on emissions offsetting.

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ESG Team
the authorESG Team