Big Tech is Running Out of Carbon Credits. Enter Indian Startup Varaha

Varaha is one of Asia’s leading developers of carbon removal credits, working with over 100,000 farmers.
Image by Nalini Nirad
Voluntary carbon credits were a big thing back in the 2010s when major corporations, including Google, Apple, BP, and Amazon, looked to offset emissions they could not directly eliminate. However, with accusations of greenwashing and carbon credit suppliers under scrutiny over a causal effect on emissions, Big Tech was forced to look elsewhere.  Microsoft and Google turned to India and found the answer in Varaha, which helps turn everyday farming practices into carbon credits that companies can buy.  Microsoft recently signed a carbon dioxide removal offtake agreement with Varaha for more than 100,000 tonnes of carbon removal over three years through a biochar project in India, turning organic waste into charcoal-like carbon-rich substance. The deal came within days of the startup also securing a similar carbon credit purchase agreement with Google. Like Google, Microsoft has committed to becoming carbon negative by 2030. Its strategy involves cutting greenhouse gas
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Siddharth Jindal
Siddharth is a media graduate who loves to explore tech through journalism and putting forward ideas worth pondering about in the era of artificial intelligence.
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