Decarb Weekly 2/27/2025
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:
Year-on-year global change in electricity generation by source, 2019-2027 – IEA
Recent Market News:
- TikTok is partnering with Climeworks to remove 5,100 tons of CO₂ by 2030, using DAC, biochar, and reforestation. Climeworks continues to scale its self-service carbon removal platform to attract over 21,000 individual and SME customers. – Climeworks
- Japan’s government has adopted new decarbonization targets, aiming to reduce greenhouse gas emissions by over 70% from 2013 levels by 2040, as part of an updated climate plan to achieve carbon neutrality by 2050, emphasizing renewables and nuclear power. – AP
Transactions:
- 2/20/25: Carbon Reform secures $5.5 million in funding to advance indoor carbon removal technology, enhancing air quality and energy efficiency in commercial buildings. – Axios
- 2/25/25: Mitico raises $4.3 million in seed funding to advance cost-effective carbon capture technology, aiming to capture CO₂ emissions at industrial boilers and natural gas power plants using innovative potassium carbonate pebbles. – TechCrunch
In-Depth Read:
Electricity 2025 – IEA
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