Microsoft signs massive carbon credit deal with reforestation startup Chestnut Carbon
1. Microsoft buys 7 million tons of carbon credits from Chestnut Carbon. 2. The deal helps Microsoft reforest 60,000 acres in the South. 3. Microsoft's emissions rose 29% since 2020, driven by AI growth. 4. Chestnut Carbon's credits are more cost-effective than direct air capture. 5. Verra faced scrutiny, leading to concerns about carbon credit accuracy.