ESG & Investing
Google Backs Indian Heated-Waste Startup With Carbon-Offset Deal
- Deal one of the biggest yet in the biochar-offsets industry
- Google to buy 100,000 carbon-removal credits from Varaha
A worker fills a press machine with biochar.
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Alphabet Inc.’s Google will buy carbon-removal credits based on projects using biochar that’s made by heating organic waste, one of the biggest such deals to date.
The company has agreed to purchase 100,000 of the offsets from Varaha, which operates biochar and other carbon-removal projects in India, Nepal, Bangladesh and Kenya, the companies said in a statement Thursday.