Decarb Weekly 11/29/23

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: 

Average carbon-removal credit price by approach. – WSJ

Recent Market News:

• The world’s fertilizer producers are gearing up for a boost in ammonia sales. Fertilizer producers currently generate much of the ammonia traded around the world and are now at the forefront of the energy transition. – WSJ
• For the first time in the US, a commercial plant is capturing carbon dioxide directly from the sky. Heirloom, the startup running the direct air capture facility, has logged 1,000 hours of operation and is injecting the captured carbon into concrete. – Canary Media
• Members of the US Senate introduced a carbon tax bill aimed at imposing a fee on products from high greenhouse gas emitting governments. – Politico 

Transactions:

• 11/29/23: Modo Energy, a UK-based data analytics platform for grid-scale battery assets has raised $15 million in Series A funding. – Renewable News Now

In-depth Read:
Now for some good news about climate – WSJ

Podcast:
How to triple renewables by 2030 – 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.