Microsoft made 90% of all carbon removal purchases worldwide last year, according to data from the third-party industry monitor CDR.fyi. The company is generally cited as making somewhere between 79% to 90% of all historic carbon removal purchases.
archived copy of the article — note that archive.is sometimes modifies archived pages
I read that and immediately figured it was just corporate green-washing. Then read this on cdr.fyi , which basically confirms it.
I assume this “market” is just a way for corpos to get tax incentives, since the “demand” (purchases) will never, ever catch up with “supply” (actually removing carbon).
At least it’s measurable, unlike most carbon credit schemes.