https://www.nytimes.com/2026/04/16/climate/microsoft-carbon-removal.html?smid=tw-share
By David Gelles
Excerpt:
Over the last several years, Microsoft almost single-handedly established the market for carbon dioxide removal technologies, a nascent field that aims to scrub the planet-warming gas from the atmosphere to counter climate change.
But now, Microsoft is stepping back from the industry it helped create, telling some companies that it is pausing future purchases of carbon removal credits, according to two people familiar with the matter who asked to remain anonymous because they were not authorized to speak publicly. The news was first reported by Heatmap.
The development could be a major blow to the hundreds of start-ups developing carbon removal technologies, which have raised more than $5 billion in recent years.
