Microsoft's Massive Climate Pledge
Axios Re:Cap
Axios
4.5 • 705 Ratings
🗓️ 17 January 2020
⏱️ 11 minutes
🧾️ Download transcript
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| 0:00.0 | Welcome to this pro rata, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics. |
| 0:12.3 | I'm Dan Pramak. On today's show, black voter sentiment on President Trump and a California startup takes on the aftermath of wildfires. |
| 0:20.1 | But first, corporate carbon. |
| 0:21.9 | So Microsoft yesterday pledged that it will become carbon negative by 2030, not just carbon |
| 0:28.1 | neutral, but carbon negative. |
| 0:30.1 | It is a massive promise from one of the world's largest companies and also includes a secondary |
| 0:34.6 | effort to remove all the historical carbon it's admitted since being founded in 1975, |
| 0:40.3 | although the deadline for that would be 2050. |
| 0:43.3 | So here's how Microsoft plans to get there. |
| 0:45.3 | First, it will expand its own internal carbon tax to apply to its supply chains, not just emissions from direct operations. |
| 0:53.3 | Second, it'll help suppliers and customers reduce |
| 0:55.5 | their own carbon footprints and make carbon reduction an explicit part of its procurement process. |
| 1:01.2 | Third, Microsoft plans to create a $1 billion fund to accelerate the development of so-called carbon |
| 1:07.0 | capture technology. And this is the part that might really matter because a 2018 UN report |
| 1:12.7 | concluded that preventing catastrophic global heat increases must involve not just cutting carbon |
| 1:18.7 | emission levels, but actually removing some of what's already there. It is big, it is bold, |
| 1:24.6 | it's maybe impossible, and even Microsoft is hedging a bit when it comes to the |
| 1:28.9 | politics. In 15 seconds, we'll go deeper with Axios energy reporter Amy Harder. But first, |
| 1:34.0 | this. Axios chief technology correspondent, Enah Freed, shares breaking news and analysis on the |
| 1:40.0 | most consequential companies and players in tech from the valley to DC. Subscribe to get smarter |
| 1:45.6 | faster at signup.axios.com. And now back to the pro rata podcast. We're joined now by |
| 1:53.1 | Axios Energy reporter Amy Harder. So Amy, let's start here on Microsoft. They say they are going |
... |
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