According to the plans, it would buy 100,000 tons of emission quotas from an American company.
Although in the meantime Google has repeatedly shaded its original commitment to protect the climate, according to which it will extract at least as much carbon dioxide from the atmosphere as it emits by the end of the decade, it has not officially backed down to this day. However, since the company’s emission indicators have been continuously increasing over the past years, they have to slowly look for alternative solutions if they want to keep their ambitious commitment.
This will only be possible if they find carbon dioxide binding solutions that can really do something meaningful in this matter. Although there is a lot of controversy surrounding the actual benefit of the patented procedures, there are already methods that have proven their effectiveness in objective tests over the past years.
The US-based Holocene can also claim one of these, which has set itself the goal of using its workable method to sell quotas to companies that – if there is no other way – would at least buy climate neutrality for themselves. Google recently announced a deal with the company to neutralize 100,000 tons of greenhouse gases.
The company recently teamed up with a Danish startup that has developed a workable method for sequestering atmospheric carbon dioxide that uses a bacterium. For this, Holecone is asking the company behind the search giant to pay $100 per ton, which roughly matches the US Department of Energy’s target.
The procedure is quite complex, and although not much concrete is known about the details of the technology, Google took the opportunity to reduce some of its endless obligations. The purchased quota is enough to dispose of 100,000 tons of carbon dioxide, which means it will cost the market-leading technology company approximately HUF 3.6 billion.
On the one hand, this is an amount clearly visible to the naked eye, but on the other hand, it is actually a pittance in the company’s entire budget. This is also important because, although 100,000 tons is a well-communicated round number, it is insignificant compared to Google’s total backlog. Last year alone, the planet’s ecosystem was burdened with 14.3 million tons of carbon dioxide, and we didn’t even take into account the rapidly increasing amount of water used to cool server parks.
Source: www.zoldpalya.hu
