Decarb Weekly 5/9/24

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: 

Heavy industry could become the largest source of greenhouse gases in the U.S. – Canary Media

Recent Market News:

• Climeworks initiated operations at its Mammoth plant in Iceland. This direct air capture + sequestration (DAC+S) plant is the largest of its kind being operated in the world today. – Climeworks
• G7 nations agreed to a new global energy storage target of 1500GW by 2030, a six-fold increase from today’s levels. – Energy Storage News

Transactions:

• 5/6/24: Electricity Maps, a data visualization tool and an enterprise API for data-driven decarbonization, raised $5.4 million in funding. – TechCrunch

Deep Dive:
Carbon and Emissions Tech Report – Pitchbook

Podcast:
Why sulfur markets face an upside risk from the energy transition – Platts Future Energy

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.