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Google to buy 1M carbon credits from Indian startup Mitti Labs for methane reduction in rice farming.

Market News
10 Sep 2026
TechCrunch
View Source
Bullish
Google to buy 1M carbon credits from Indian startup Mitti Labs for methane reduction in rice farming.

Google has agreed to purchase 1 million carbon credits from Indian startup Mitti Labs through 2030, marking the largest public deal for methane-reduction credits in rice farming. The project incentivizes farmers in Karnataka, Andhra Pradesh, and Telangana to reduce methane emissions by shortening rice field flooding periods, also cutting water use by about 40% without lowering yields. This deal supports Google's net-zero emissions goal amid rising emissions from its AI infrastructure. Mitti Labs uses advanced GeoAI and satellite data to monitor farms and plans to expand in Southeast Asia, aiming to involve millions of farmers by 2030.

More News (GOOGL)

Google lets users run private AI-built apps on Android without Play Store publishing

Google lets users run private AI-built apps on Android without Play Store publishing

Google announced a new feature allowing users to run personal, AI-built apps on their Android devices without publishing them publicly on the Google Play Store. These apps remain private, visible only to their creators, and initially available to U.S...

Market News
Bullish
6 hours ago
APAC sustainable data center market to hit $57.18B by 2031, driven by AI, renewables, and advanced cooling tech.

APAC sustainable data center market to hit $57.18B by 2031, driven by AI, renewables, and advanced cooling tech.

The Asia-Pacific sustainable data center market is projected to grow from $16.74 billion in 2025 to $57.18 billion by 2031, at a CAGR of 22.7%. Growth is fueled by rising demand for AI, cloud computing, and hyperscale infrastructure, prompting invest...

Market News
Bullish
8 hours ago
Alphabet turns $200B AI spend into faster growth than Amazon, signaling stronger AI returns.

Alphabet turns $200B AI spend into faster growth than Amazon, signaling stronger AI returns.

Alphabet and Amazon each plan to invest about $200 billion in AI data centers by 2026, but Alphabet is showing faster revenue growth from its spending. Google Cloud revenue surged 82% in Q2, outpacing Amazon Web Services' 37% growth, indicating Alpha...

Market News
Bullish
10 hours ago
Alphabet's $514B cloud backlog drives confidence despite rising debt and capex.

Alphabet's $514B cloud backlog drives confidence despite rising debt and capex.

Alphabet's cloud business shows strong growth with a $514 billion backlog of signed contracts, signaling future revenue visibility. Q2 revenue rose 24.2%, driven by AI-enhanced Search and Google Cloud's 82% growth. Despite increased debt and capital ...

Company Fundamentals
Bullish
10 hours ago
Alphabet stock jumps 79% since July 2025 on Wiz acquisition and AI-driven cloud growth

Alphabet stock jumps 79% since July 2025 on Wiz acquisition and AI-driven cloud growth

Alphabet Inc.'s stock has surged 79% since July 2025, fueled by its acquisition of Wiz and a strategic shift to multi-cloud security. The company's Google Cloud Platform (GCP) growth is driven by AI-powered security features, adoption of the Gemini A...

Market News
Bullish
1 day ago
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