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Microsoft (MSFT) Agrees with Indigo Carbon to Purchase a Record 2.85 million Soil Carbon Credits
Yahoo Finance· 2026-01-23 17:33
Core Insights - Microsoft Corporation (NASDAQ:MSFT) is recognized as one of the best quantum computing stocks to buy for 2026, with a strategic focus on sustainability and carbon neutrality by 2030 [1] - The company has agreed to purchase a record 2.85 million soil carbon credits from Indigo Carbon, which is linked to regenerative agriculture in the US [2] Carbon Credit Purchase - The deal for the soil carbon credits is valued between $171 million and $228 million, with costs estimated at $60 to $80 per ton [3] - This initiative is part of Microsoft's broader goal to ensure that its operations facilitate more carbon removals than emissions globally [2] Market Position and Analyst Ratings - Goldman Sachs has initiated coverage of Microsoft with a "Buy" rating and a price target of $655, highlighting the company's strong competitive position in the AI sector [4] - Despite the positive outlook, there are suggestions that other AI stocks may offer greater upside potential with less downside risk [5]
Microsoft in record deal for soil carbon credits as data centres surge
Reuters· 2026-01-15 05:02
Group 1 - Microsoft has agreed to purchase a record 2.85 million soil carbon credits from Indigo Carbon, which are associated with regenerative agriculture practices in the United States [1] - The acquisition is part of Microsoft's strategy to achieve a "carbon negative" status by a specified target year [1]
Occidental's Billion-Dollar Carbon Credit Plan Takes Shape
MarketBeat· 2025-03-26 11:30
Core Viewpoint - Occidental Petroleum is positioning itself as a leader in the decarbonization movement while diversifying its revenue streams to mitigate oil price volatility [2][3]. Group 1: Carbon Capture Initiatives - Occidental's carbon capture ambitions began in 2019 through a partnership with Carbon Engineering, supported by Bill Gates [2]. - The company plans to invest up to $1 billion in its first large-scale direct air capture (DAC) plant, STRATOS, located in Texas's Permian Basin [2][3]. - In 2023, Occidental acquired Carbon Engineering for $1.1 billion, securing DAC technology ownership [3]. Group 2: 1PointFive Subsidiary - Occidental formed a subsidiary, 1PointFive, to pre-sell carbon credits, aiming to limit global temperature rise to 1.5 degrees Celsius by 2050 [4]. - 1PointFive has already secured a deal with Airbus to sell 400,000 tonnes of carbon dioxide removal credits after STRATOS launches [4]. Group 3: STRATOS Plant and Future Plans - STRATOS is set to launch in mid-2025 with an annual capacity of 500,000 tons, requiring significant infrastructure [5]. - The carbon credits generated can be valued between $500 to $1,100 per metric ton, providing various monetization options [6]. Group 4: Revenue Potential and Partnerships - 1PointFive has struck significant carbon credit deals, including a 10-year agreement with Amazon for 250,000 metric tons [7]. - A deal with Microsoft for 500,000 metric tons over six years could generate between $250 million and $500 million, depending on the price per ton [8]. - If Occidental successfully opens 100 more DAC plants by 2035, the revenue potential could reach billions [8].