Climate Transformed Ventures (CTV) is a methane infrastructure and origination platform company that leverages government funding and private capital to cap orphaned oil wells across the United States and Canada.

An orphaned oil well has no solvent owner of record, leaving the responsibility of capping in the hands of state and federal governments.

The EPA estimates that there are up to 3.7 million orphaned wells in North America, with the estimated cost to cap them ranging from $200bn- $300bn.

There is only $4.7bn allocated by the US Federal Government under the Infrastructure Investment and Jobs Act (IIJA).

This is the first phase of a multi-decade solution that will require the extensive deployment of private capital

Carbon Markets
1 podcast
18 videos - 
Jun 24, 2021

Alessandro Vitelli: Global Emission Trading Schemes

Carbon markets and policy expert, Alessandro Vitelli, discusses compliance and voluntary carbon trading, the reform of the EU ETS that will kick off in July, the US carbon schemes as well as the new UK ETS and Chinese carbon markets. Formerly an energy and carbon correspondent with Bloomberg and S&P Platts, Alessandro is now an authoritative freelance reporter and columnist specialising in climate and energy, covering both markets and policy. His assignments take him from within the UN climate negotiations to energy industry conferences and seminars. He has covered the UN climate talks for 15 years, following the annual COP meetings from Montreal to Copenhagen, Paris and Madrid. He has also covered carbon markets – both the day-to-day trading and the regulatory processes – in Brussels, Sacramento, Boston and Bonn.
Guest(s): Alessandro Vitelli, Carbon Journalist
Moderator: Rupert Rowling

Become a member