Decarb Weekly 12/6/22

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: 

CO2 emissions (budgets) by sector, Net Zero Scenario. – BloombergNEF 

Recent Market News: 

• The effects of climate change could cost the world’s economy $178 trillion over the next 50 years. Climate management software and climate technology can help mitigate these effects. The industry has seen a 210% year-over-year growth, with more than $60 billion raised across 600 ClimateTech startups in the first half of 2021. – Energy Capital Ventures 
• Oil companies, utilities, waste haulers, and private-equity firms are investing in renewable natural gas produced from landfills. The process involves trapping and processing methane to earn renewable-fuel credits, which are sold to refiners and oil importers who use them to meet federal renewable-fuel mandates. – Ryan December on Wall Street Journal 
• TPG Inc. has partnered with several blue-chip companies to invest $300 million to launch a carbon-credit business called Rubicon Carbon. Rubicon Carbon will provide buyers with a more straightforward and safer way to invest in carbon credits. – Amrith Ramkumar on Wall Street Journal

Transactions:

• 11/28/22: Bravo Infrastructure Group partnered with Orion Infrastructure Capital to acquire Radiance Solar LLC, an EPC company specializing in commercial and industrial solar projects. Radiance has installed over 125 MW of solar across ground mounts, rooftops, canopies, and systems with battery storage. – Businesswire 
• 11/29/22: Oil and gas giant Shell PLC agreed to acquire Nature Energy Biogas for $2 billion to build an integrated renewable natural gas value chain globally. Nature Energy owns and operates 14 industrial-scale biomethane plants that produce renewable natural gas from agricultural and industrial wastes. – Dominic Ellis on Gasworld

In-Depth Read:
Forecasts of Electric Vehicle Penetration and its Impact on Global Oil Demand published by Columbia Center on Global Energy Policy
Podcast:
What Does a Split US Congress Mean for the Energy Transition? Produced by The Energy Gang 

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.