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
Andritz Supplies Tokushima Tsuda
Andritz has received an order from Hitachi Zosen Corporation (HITZ), Japan, to deliver a PowerFluid circulating fluidized bed boiler with a flue gas cleaning system. The boiler will be part of a new biomass…
Kice Offers Larger Airlocks
Kice Offers Larger AirlocksKice Industries has introduced larger sizes for its popular VJX airlock. The new sizes available include 18x12x12; 18x14x14; 20x12x12; 20x15x15; 24x15x15, and 24x20x20. The VJX airlock gives users less maintenance, reduced downtime and lower...
Morbark Appoints Product Manager
Morbark Appoints Product ManagerMorbark appointed Jason Showers as Product Manager, Tree Care Products. Showers will serve as the subject matter expert for all matters related to Morbark’s brush chipper equipment line. Showers has more than 20 years of hands-on...
Norden, Enviva Continue Affiliation
Norden has contracted with Enviva to transport 1.3-1.5 million tonnes of wood pellets from the U.S. to Europe over a six-year period. The contract runs from 2021 to 2026 and builds on Norden’s long-term collaboration with Enviva. Norden now holds a number of...
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.