Source: Karl Plume, REUTERS, 4/28/21


When Microsoft Corp (MSFT.O) made a massive purchase of carbon credits in January, it turned to a relatively new source: farmers who plant crops meant to trap carbon in the soil. The credits are financial instruments generated by projects that reduce or avoid the release of greenhouse gases, such as solar farms or tree-plantings. The projects' owners can sell the credits to companies who then use them to make claims of offsetting the climate impact of their operations.

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