Decarb Weekly 10/12/23

Decarb Weekly, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech. 

Chart of the Week: 

Global power sector CO2 emissions are leveling off – Canary Media

Recent Market News:

• EVs have reached a tipping point in price parity with its gas-powered peers due to the $7,500 rebate being paid at time of purchase. – Canary Media  

Transactions:

• 10/11/23: Exxon Mobil agreed to purchase Pioneer Natural Resources at $253 dollars a share or nearly $66 billion. Exxon’s purchase comes on the heels of their ~$5 billion purchase of Denbury (July 23), an experienced developer of CCS solutions. – WSJ
• 10/10/23: MSCI, a leading provider of decision support tools, announced the purchased of Trove Research, a carbon market intelligence source. – BusinessWire

In-depth Read:
How to Break China’s Hold on Batteries and Critical Minerals – Foreign Policy
Podcast:
Jigar Shah on the Pathway to Clean, Cheap, and Abundant Energy – Bloomberg Odd Lots

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.