Microsoft has signed a Memorandum of Understanding (MoU) with Norwegian multinational energy company Equinor to explore transportation and storage of captured carbon dioxide (CO2) as the tech giant looks to reduce its carbon emissions.
In January, Microsoft pledged to become carbon negative by 2030 and by 2050 the American company said it will remove from the environment all the carbon the company the company has emitted either directly or by electrical consumption since it was founded in 1975.
Under the technology collaboration with Equinor, Microsoft will become a partner in the Northern Lights carbon capture and storage (CCS) project.
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