In Canada, Carbon Streaming Corporation will provide Microsoft with carbon removal credits from the Waverly Biochar project in Waverly, Virginia. The Waverly Biochar project is expected to deliver up to 10,000 metric tons of carbon dioxide removal credits per year towards Microsoft’s carbon negative target.
Producing biochar and burying it in soils is a way of storing carbon for centuries. According to Project Drawdown, biochar could scale to sequester between 1.36–3.00 gigatons of carbon emissions by 2050, equivalent to between two and four and a half years of Canada’s 2021 carbon emissions.
Achieving gigaton scale will require building both supply and demand, and corporations can support the growth of the industry by committing to offtake of the carbon removal credits from biochar projects. Microsoft is playing a key role through their commitment to offtake verified carbon dioxide removal generated by the Waverly Biochar facility.
