Brad Smith, president of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergBrad Smith, president of Microsoft Corp., speaks during a climate initiative event at the Microsoft Corp. campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft unveiled plans to invest $1 billion to back companies and organizations working on technologies to remove or reduce carbon from the earth’s atmosphere, saying efforts to merely emit less carbon aren’t enough to prevent catastrophic climate change. Photographer: David Ryder/BloombergBrad Smith, president of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergBrad Smith, president of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergBrad Smith, president of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergBrad Smith, president of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergSatya Nadella, chief executive officer of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergSatya Nadella, chief executive officer of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergAmy Hood, executive vice president and chief financial officer of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergAmy Hood, executive vice president and chief financial officer of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergLucas Joppa, chief environmental officer of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/BloombergLucas Joppa, chief environmental officer of Microsoft Corp., speaks during a climate initiative event at the Microsoft campus in Redmond, Washington, U.S., on Thursday, Jan. 16, 2020. Microsoft held the event to detail how the company will better combat climate change. Photographer: David Ryder/Bloomberg