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
Groups Sue To Stop Montana Forest Project
Groups Sue To Stop Montana Forest ProjectFour conservation organizations are suing the U.S. Forest Service (FS) and Flathead National Forest in Montana in an effort to halt the Round Star forest health project’s logging component from continuing. Proposed in 2021 and...
7robotics Promotes Joey Koenig To President
7robotics Promotes Joey Koenig To President7robotics has promoted Joey Koenig to President, effective January 1, 2025. Since joining the company in September 2021, Koenig has been instrumental in transforming 7robotics from a startup into a recognized player in the...
USA BioEnergy Closes On Land In Texas To Build $2.8 Billion SAF Refinery
USA BioEnergy Closes On Land In Texas To Build $2.8 Billion SAF RefineryUSA BioEnergy (USABE) has closed on the acquisition of over 1,600 acres of land in east Texas for its new $2.8 billion advanced biorefinery, designed to convert wood waste into sustainable...
CPM Purchases Jacobs Global
CPM Purchases Jacobs Global CPM, a leading provider of process equipment, engineered technologies and aftermarket parts and services, announced the acquisition of Jacobs Global, a supplier of aftermarket parts for hammermills and pellet mills. This transaction will...
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.