Microsoft in deal with Equinor for Norway CO2 storage project

In this news, we discuss the Microsoft in deal with Equinor for Norway CO2 storage project.

OSLO (Reuters) – Microsoft Corp MSFT.O on Wednesday signed a memorandum of understanding with Norwegian Equinor EQNR.OL to explore the use of a carbon dioxide storage facility as the tech company seeks to reduce its carbon footprint, said the Norwegian petroleum ministry.

The world’s largest software company pledged in January to remove enough CO2 by 2050 to account for all of its emissions since its inception in 1975, and to invest $ 1 billion in carbon removal technology. carbon.

Report by Nerijus Adomaitis, editing by Terje Solsvik

Original © Thomson Reuters Corporation

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