Decarb Weekly 6/27/24

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: 

EV SPACs stalling out – CTVC

Recent Market News:

• BHP, a multinational mining and metals company, is on track to reduce its operational greenhouse gas emissions without the use of offsets by at least 30% by fiscal 2030 versus fiscal 2020. – WSJ

Transactions:

• 6/26/24: Climate X, a startup that aims to help financial organizations price the impact of climate change, raised $18 million in Series A funding. – TechCrunch
• 6/20/24: The fashion and design company H&M Group has invested in zero-carbon industrial heat startup, Rondo Energy. H&M seeks to apply Rondo’s industrial decarbonization solution to help address the emissions footprint of its supply chain. – ESG Today

Long Read:
Opportunities for Ecological Restoration on the Voluntary Carbon Market – GreenBiz

Podcast:
Chuck McConnell, Center for Carbon Management at University of Houston: current state and future of CCUS – Oil and Gas Upstream 

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.