Decarb Weekly 6/20/24

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: 

Clean energy investment is nearly double fossil fuel spending – Canary Media

Recent Market News:

• Microsoft’s recent investment in Brazil’s Cerrado savanna, which intends to remove 8 million tons of carbon by 2043, is paving the way for a new era of forest reclamation projects to offset carbon footprints. – WSJ  
• Duke Energy is working to provide 24/7 clean energy to tech giants. Duke intends to deploy cutting-edge technology such as modular nuclear reactors and advanced long-duration energy storage. – Canary Media

Transactions:

• 6/12/24: ElectronX, a new energy exchange aimed at accelerating the U.S. grid transition to renewables, raised $15 million in seed financing. – PR Newswire
• 6/11/24: Oxy Low Carbon Ventures and TAE Technologies, a fusion energy development company, are exploring opportunities that use TAE’s fusion technology to provide emissions-free power for direct air capture. – TAE

Long Read:
From FOAK to NOAK – CTVC by Sightline Climate

Podcast:
Unlocking sustainable flight with hydrogen – 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.