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
1 videos - 
Sep 14, 2022

Carbon Growth: Myth-Busting Voluntary Carbon Markets

Rich Gilmore, CEO of Carbon Growth Partners, tackles some of the myths and misconceptions about the VCM, and addresses how to optimise financial returns and climate impact in an evolving market.
Guest(s): Richard Gilmore, CEO of Carbon Growth
Moderator: Paul Krake

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