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

Fossil Fuels
1 podcast
11 videos - 
Mar 3, 2022

DNV: Where Is The Energy Industry Spending Its Money?

Prajeev Rasiah, Regional Director for Energy Systems in Northern Europe at consultancy DNV, presents the results of a recent survey on where energy companies are spending their money to adapt to the ongoing low-carbon energy transition.
Guest(s): Prajeev Rasiah, Regional Director for Energy Systems in DNV
Moderator: Karolin Schaps

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