techcrunch.com
Microsoft has signed a deal with Indian startup Varaha to buy more than 100,000 tons of carbon dioxide removal credits by 2029. The project will convert cotton crop waste into biochar to store carbon and improve soil health, involving about 40,000–45,000 smallholder farmers in Maharashtra. This agreement supports Microsoft’s carbon-negative goal by 2030, even as its emissions rise due to AI and cloud expansion. India is becoming a key market for carbon removal projects due to its abundant agricultural waste. Varaha, which works with 150,000 farmers, has scaled rapidly and aims to expand its operations across India’s cotton belt.
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