Microsoft aims for 75% reduction in emissions
Microsoft, in its bid to meet the Paris Agreement, has announced its plan to reduce its greenhouse gas emission by 75% by the year 2030.
The company’s decarbonisation strategy conforms to the “C pathway target set by the Paris Agreement.
The technology firm announced the news at the COP23 climate conference held in Bonn, Germany.
According to Brad Smith, the President and Chief Legal Officer of Microsoft, in order to meet this goal, the company will have to avoid 10mn metric tonnes of carbon emission.
“As a global company, the changes we make in how we operate our business and the goals we set have a worldwide impact,” Smith wrote in a blog.
“It’s our hope that this pledge inspires others to join us in setting targets, and provides confidence to governments, companies and individuals that it’s possible for entities to help reach the goals set in the Paris climate agreement.”
“By raising our ambitions and taking these actions, our goal is to help make the future more sustainable and beneficial to everyone.”
Microsoft’s first ever carbon emission target was set in 2009, when the company aimed for a 30% reduction.
Due to internal carbon prices and renewable electricity sources, Microsoft has successfully been carbon neutral across direct operations – such as data centres, development labs, and office buildings – since 2013.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.