tl;dr
CO280 and Aker Carbon Capture (OTCPK:AKRCY) have signed a memorandum of understanding with Microsoft (MSFT) to explore opportunities for scaling the full physical and digital value chain of carbon removal in the U.S. and Canada. The collaboration aims to scale the full value chain of carbon removal ...
CO280 and Aker Carbon Capture (OTCPK:AKRCY) have signed a memorandum of understanding with Microsoft (MSFT) to explore opportunities for scaling the full physical and digital value chain of carbon removal in the U.S. and Canada. The collaboration aims to scale the full value chain of carbon removal by capturing and permanently sequestering biogenic CO2 at pulp and paper mills, Aker Carbon Capture (OTCPK:AKRCY) said on Wednesday. "CO280 and Aker Carbon Capture's collaboration with Microsoft will supply the market with significant volumes of permanent, verifiable, affordable Carbon Dioxide Removals," the company said. The companies will also create a digital tool to compare CO280's planned projects against Microsoft Criteria for high quality carbon removal. Source: Press Release
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its best-known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue and was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: 306.80 billion
P/E Ratio: 37.3
EPS: 2.86
Dividend Yield: 11.07%
52-Week High: $30.61
52-Week Low: $0.363
Shares Outstanding: 2.28 billion
Public Float: 1.00 billion
Beta: 435.44
Rev. per Employee: 0.332 million
P/E Ratio: 0.176
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