Find XO: Google Contracts to Purchase 100 Million Methane Reduction Credits from Indian Paddy Fields (techcrunch.com)
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- Google has agreed to purchase 100 million methane reduction credits from Indian startup MeatyLabs by 2030.
- This is the largest publicly known rice paddy methane credit transaction with an undisclosed amount.
- A notable condition set by Google is that short-lived emissions credits will be paired or converted into carbon removals after their effectiveness ends.
- For those selling credits, pricing will be based more on their ability to explain baselines and accounting methods than on reduction amounts.