Microsoft and Danish company Ørsted will collaborate on a 20-year carbon capture and storage project. Ørsted will implement carbon capture at its wood chip plant, called the “Asnæs Power Plant.” “Our groundbreaking long-term agreement with Ørsted for high-quality carbon removal supports Microsoft’s commitment to becoming carbon negative by 2030, sends a strong signal of demand for market expansion, and demonstrates the power of partnership and technological innovation needed to help the world transition to clean energy,” said Melanie Nakagawa, Chief Sustainability Officer at Microsoft. (Ken Silverstein)

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