Bolivia’s Exomad Green, Microsoft Enter Into Landmark Carbon Credit Agreement

The largest-ever carbon removal deal involving biochar, marking a major milestone in the carbon removal market, turns sustainable forestry residues from Bolivia’s Exomad Green SRL into credits purchased by Microsoft. The long-term contract involves the verified removal of 1.24 million tons of carbon dioxide over the next decade and is recognized as the largest-ever carbon removal deal involving biochar to date.

This agreement establishes biochar as a scalable solution for carbon credit procurement, and serves as a viable path toward corporate net-zero commitments.

This transaction was handled by Lawson Huck Gonzalez, PLLC (Lawson) partner Harold “Ed” Patricoff, Jr., an authority in climate and energy transition law. His move marks a significant step in the firm’s expansion into cross-border and climate-related transactions, with the firm now having five offices across Florida.

“This agreement reflects a new era of climate accountability,” explains Patricoff. “Exomad Green has demonstrated how scalable innovation can deliver credible, science-backed carbon removal. And Microsoft’s decision to contract for these removals sets an important precedent for corporate climate strategies grounded in integrity and impact.”

Latest news

Key Committee Boosts Biomass Before Fall EU Parliament Vote

Working on the EU’s upcoming Renewable Energy Directive III (REDIII) that will update the Union’s renewable energy policies, the EU Parliament’s Industry Research and Energy (ITRE) Committee recently voted to not only uphold policies that treat wood pellets as carbon neutral, but also expand the use of wood pellets as a coal substitute…

read more

B&W Enters Kiewit, Fidelis Biomass Project

Babcock & Wilcox is partnering with Kiewit Industrial to deliver Fidelis New Energy’s planned net-negative carbon impact biomass power plant at the Port of Greater Baton Rouge, La. The 200 MW electricity plant will be the largest of its kind in the world, according to the participants…

read more

Enviva, MOL Drybulk Debut New Partnership

Enviva and MOL Drybulk Ltd., a subsidiary of Mitsui O.S.K. Lines Ltd., a leading global marine transport group, announced they have signed an additional memorandum of understanding to deploy an environmentally friendly bulk carrier (“EFBC”) to reduce the greenhouse gas (“GHG”) emissions in the ocean transportation of sustainable wood pellets and biofuels…

read more

Find Us On Social

Subscribe to Our Newsletter

Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.

Subscribe/Renew

Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.