Microsoft to double internal CO2 tax as it plots ‘tech first’ sustainability path

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The software giant said it will hike its internal carbon fee to $15 per metric tonne on CO2 emissions from its core business, including electricity consumption and staff air travel, with the funds raised from the levy reinvested in green measures such as energy efficiency, renewable energy generation, and carbon offsets.The multibillion dollar company also announced plans to join the Climate Leadership Council, the broad coalition of major corporates set up in 2017 to lobby for a federal carbon tax on CO2 emissions in the US. Under the proposals, revenues raised would be returned directly to American citizens….An excerpt from Business Green