Published by Todd Bush on July 30, 2024
SAN FRANCISCO, July 30, 2024 /PRNewswire/ -- 3Degrees, a leading global climate solutions provider and certified B Corporation, announced today a CDR transaction with Microsoft to purchase over 80,000 metric tons of carbon removals from Western Rivers Conservancy's Blue Creek Improved Forest Management Project located in Northern California. This purchase supports Microsoft's near-term climate targets and commitment to supporting high-integrity carbon removal projects.
>> In Other News: Plug Power Names Amazon Executive as its New COO
Managed by Western Rivers Conservancy (WRC), the project not only enhances forest carbon stocks in North America, but also provides funding to create the Blue Creek Forest and Salmon Sanctuary, which is part of a larger effort to conserve 47,000 acres of temperate rainforest by repatriating the land to the Yurok Tribe. The revenue generated from the sale of carbon credits has helped enable WRC to purchase the Yurok's ancestral lands and donate it back to the Tribe.
Today, the nearly 15,000 acres are being conserved as a Salmon Sanctuary to protect the entire lower half of the Blue Creek watershed, ensuring this cold-water lifeline to the Klamath River remains healthy for salmon, steelhead, and the Klamath system. Additionally, the project provides habitat for rare, imperiled animals like the marbled murrelet, northern spotted owl, California condor, and Humboldt marten.
"Microsoft's investment in the Blue Creek Improved Forest Management Project highlights its commitment to impactful carbon removals and emphasizes the critical role these projects play in enhancing global climate efforts," stated Jennifer Cohn, Associate Director of Business Partnerships at 3Degrees. "We are thrilled that Microsoft has chosen to support this project as it not only protects vital habitats but also supports the local community through sustainable land management."
Microsoft's commitment sets a benchmark for corporate responsibility and demonstrates strategic foresight in addressing global environmental challenges of today and the future.
"We are pleased that 3Degrees is providing carbon removals that meet our quality criteria," stated Brian Marrs, Senior Director of Energy and Carbon Removal at Microsoft." Microsoft's purchase of carbon removal credits from this project supports our near-term climate goals via a diversified portfolio of carbon removal."
3Degrees is a leading global climate solutions provider and Certified B Corporation. Our work is driven by the need for urgent climate action, and has been for nearly 20 years. We deliver a full suite of clean energy and decarbonization solutions to help global Fortune 500 companies, utilities, and other organizations achieve their climate goals and address emissions in the fight against climate change. The 3Degrees team brings a commitment to integrity and deep expertise in climate strategy and implementation across scopes 1, 2, and 3 emissions, including net zero, global environmental commodities, renewable energy and carbon project development, transportation decarbonization, as well as electric and gas utility voluntary programs. We help develop and deploy impactful climate solutions that make good business sense and advance an equitable transition to the low-carbon future.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌊 NYK Partners With Climeworks to Remove CO₂ Through Diverse Carbon Removal Solutions 🛠️ First Public Hydrogen (FPH2) Appoints Ernesto Medrano to Board of Directors 💡 Kinetics Ac...
Inside This Issue 📊 Trading Carbon Right: Why Credit Quality Matters More Than Ever ☀️ SunHydrogen Contracts The Process Group for Front-End Engineering Design of 25m2 Renewable Hydrogen Pilot Pla...
Inside This Issue 🏆 Tri-gen Receives U.S. Department of Energy 2025 Better Project Award ⚡ HyOrc Corporation Unveils Modular Hydrogen Power for a Failing Grid 🌳 Everland in Partnership with BNP Pa...
Statkraft Stops New Development of Green Hydrogen Projects
Statkraft has decided to stop new development of green hydrogen due to increased uncertainty in the market. Parts of the portfolio will be matured before seeking investors to realise the projects. ...
Exxon Agrees to Supply Japan's Marubeni With Low-Carbon Ammonia
Exxon Mobil has signed a long-term agreement to supply 250,000 metric tons of low-carbon ammonia annually to Japanese trading house Marubeni, the U.S. oil producer said on Wednesday, representing E...
Elcogen and Casale SA Collaborate to Drive Innovation in Green Ammonia and Sustainable Energy
Tallinn, ESTONIA, May 07, 2025 (GLOBE NEWSWIRE) -- Elcogen, a leading European manufacturer of technology that enables the efficient production of affordable green hydrogen and emission-free electr...
Synagro and Partners to Test Commercial-Scale High Temperature Pyrolysis Pilot for PFAS Destruction, Syngas Recovery and Biochar Production CHAR Technologies Ltd. ("CHAR Tech" or the "Company") (T...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.