financetom
Business
financetom
/
Business
/
Alphabet's Google to Purchase Carbon Credits From Indian Biochar Initiative
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alphabet's Google to Purchase Carbon Credits From Indian Biochar Initiative
Jan 16, 2025 6:15 AM

08:50 AM EST, 01/16/2025 (MT Newswires) -- Alphabet's (GOOG, GOOGL) Google ( GOOG ) signed a deal to buy carbon credits from Varaha, an Indian company that turns agricultural waste into biochar, a substance that helps remove CO2 from the atmosphere and enriches the soil, multiple media outlets reported Thursday.

The reports said that Varaha will collect waste from small farms across India, convert it into biochar, and supply it as a fertilizer alternative.

Google ( GOOG ) will purchase 100,000 tons of carbon credits from the project until 2030, according to the reports.

Financial terms of the deal were not disclosed.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved