Microsoft leads carbon removal purchases, but overall demand remains low

Removing the carbon dioxide we’ve put into the atmosphere and storing it back on Earth might sound like a fantasy, but the sprouts of an entire industry aiming to do just that are emerging. There’s a problem, though: Who’s buying?

Thus far, upward of 13.5 million metric tonnes-worth of carbon dioxide removal (CDR) credits have been bought, and just 4.7 per cent of those have been delivered, meaning CO2 has been removed and stored.