Microsoft has unveiled plans to invest $1bn (€898m) to back companies and organisations working on technologies to remove or reduce carbon from the Earth's atmosphere, saying efforts to merely emit less carbon are not enough to prevent catastrophic climate change. Microsoft has unveiled plans to invest $1bn (€898m) to back companies and organisations working on technologies to remove or reduce carbon from the Earth's atmosphere, saying efforts to merely emit less carbon are not enough to prevent catastrophic climate change. The fund will not be used for the firm's philanthropic efforts on the climate, although those will continue separately. The software maker is also pledging to be carbon-negative, meaning it will remove more carbon than it emits, by 2030. "This is the decade for urgent action for Microsoft and all of us," CEO Satya Nadella said.

Source: Irish Independent January 17, 2020 02:26 UTC