Google Strikes Major Carbon Removal Deal with Mombak, Shifts Focus to High-Quality Credits
Alphabet Inc.'s Google has inked its largest carbon removal agreement to date, partnering with Brazilian startup Mombak to restore Amazon rainforest land. The project targets 200,000 metric tons of carbon removal—quadruple the scale of their previous collaboration. While financial terms remain undisclosed, the deal underscores Big Tech's scramble to offset emissions from energy-intensive data centers powering AI tools.
The tech giant is pivoting from controversial REDD credits toward premium reforestation projects. Mombak's model of converting degraded land into native forests commands $50-$100 per ton, a stark premium over sub-$10 avoidance credits. This reflects growing corporate demand for verifiable, long-term carbon sequestration solutions.