Decarb Weekly 3/7/24

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: 

Change in CO2 emissions from electricity generation by driver in the United States, 2022-2023 – IEA

Recent Market News:

• RBC, one of the largest financers of fossil fuels, has announced their intention to triple lending to the energy transition. The new target for loan issuance to renewable energies is over $10 billion and will help drive the bank towards their 2050 net zero goals. – Reuters
• The SEC has approved new emissions disclosure requirements for public companies. The new rule requires companies to disclose their scope 1 and 2 emissions but stops short of requiring data on scope 3 emissions. – WSJ

Transactions:

• 3/4/24: Superior Plus has acquired Certarus, a leading North American low carbon energy solutions provider for $1.05 billion. – Decarbonfuse

In-depth Read:
Financing Building Decarbonization – RMI

Podcast:
Decarbonization Trends with Nat Bullard – CSIS

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.