Google enters India’s carbon removal market with biochar deal with Varaha

Google enters India’s carbon removal market with biochar deal with Varaha
/ Jas Min - Unsplash
By bno - Mumbai bureau January 17, 2025

Google has agreed to purchase carbon credits from an Indian start-up that transforms agricultural waste into biochar, a charcoal-like material that captures CO2 and enriches soil, Reuters reported on January 16 citing a company statement.

The agreement with Varaha, the supplier, marks Google’s entry into India’s carbon dioxide removal (CDR) sector and is one of the largest biochar-related deals to date.

The US tech company joins others in exploring CDR to offset emissions by extracting CO2 already present in the atmosphere or oceans. While some firms invest in costly technologies for direct air capture, biochar offers a potentially cheaper, near-term solution.

Varaha plans to source waste from smallholder farms in India, converting it into biochar through specialised reactors. This process can lock away CO2 for centuries and provide farmers with a fertiliser alternative. Google has committed to buying 100,000 tonnes of carbon credits from Varaha by 2030. According to Varaha CEO Madhur Jain, India’s agricultural waste could generate enough biochar to sequester over 100 mn tonnes of CO2 annually, highlighting significant growth potential.

Founded in 2022, Varaha believes smallholder farmers in Asia hold transformative potential for removing atmospheric carbon on a global scale. Since its inception, the organisation has brought together a team of scientists, technologists and agricultural experts dedicated to advancing nature-based solutions to tackle the climate crisis.

Though CDR represents a small share of the global carbon market, it is poised for rapid expansion as nations and companies seek innovative ways to tackle emissions, according to Reuters. Critics, however, caution that CDR cannot replace the need for substantial emission reductions and question the permanence of biochar’s CO2 storage capabilities, the news agency added.

Jain acknowledged these concerns but emphasised the urgency of action. He said that the world is nearing peak warming and even temporary solutions lasting decades are essential steps forward.

 

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