Decarbonization Weekly

Decarb Weekly 10/19/23

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: 

Government clean energy investment support enacted since the start of the Covid-19 crisis, by sector (note: figures are dollars in billions; light blue is spending since 2020; dark blue is spending in last 6 months). – IEA

Recent Market News:

  • Hydrogen demand is set to rise sharply over the next two decades, but major bottlenecks such as long permitting times, higher equipment costs, and lack of access to capital could slow growth in supply. – WSJ
  • Despite historic wind, solar, and battery subsidies from the Inflation Reduction Act, US utilities remain hooked on fossil fuels. The result: two-thirds of existing coal capacity remains on schedule to keep operating past 2030. – Canary Media


  • 10/12/23: Bedrock Energy raised an $8.5 million seed round to decarbonize skyscraper heating through geothermal heat pumps. – TechCrunch
  • 10/12/23: EVPassport raised $200 million to accelerate the buildout of their EV infrastructure-as-a-service. – TechCrunch

In-depth Read:
Should we be geoengineering the oceans? – Reuters

Key players weigh in on the new era of climatetech investing – The Carbon Copy

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.

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