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Microsoft has signed a three-year agreement to buy nearly 37,000 tons of carbon removal credits from Indian startup Alt Carbon, marking the tech giant’s first enhanced-rock weathering deal in Asia. Under the agreement, Alt Carbon will deliver 36,920 metric tons of carbon dioxide removal credits by 2029 from its Darjeeling Revival Project in eastern India….
From a struggling family tea estate to an innovative climate venture, Alt Carbon has raised $12 million in a seed round as it plans to scale its carbon dioxide removal work in the South Asian nation. The climate-tech startup, which locks away carbon for thousands of years through enhanced rock weathering on farmlands, attracted investment…