Microsoft Buys Hundreds of Millions of Dollars in Carbon Credits from Buffett-Backed Occidental Petroleum
Occidental Petroleum, one of America’s largest oil producers and heavily backed by Warren Buffett, will sell 500,000 carbon credits to Microsoft over six years. The latest agreement underscores the tech industry’s significant challenge in fulfilling its climate commitments amid a surge in electricity demand driven by the AI boom.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment