This a riskless transaction for Google. It’s a projection from the current $350 levels and the industry has been chatting a while as to how to ultimately get to the magic $100 level.<p>At least Ms. Timofte fully admits that this contract is a gamble: “self fulfilling prophecy”. If not, Holocene will be bk with catastrophic losses and Google can punt not being compliant.
Sorry to be sarcastic, but obviously there is no money to make with planting forests to capture same amount of CO2 from the air.<p>"Saving Amazon Forest" has been memory-holed.<p>The technology will save humanity.