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 13, 2022

Is Blockchain Essential for VCM Transparency? (Americas Focused)

During this 55 minute conversation, we will discuss using Blockchain to democratize carbon offsets, the exponential growth in the number of vendors, and whether Blockchain plays a credible mission-oriented role in accelerating change towards decarbonising supply chains.
Guest(s): Phil Fogel, Co-Founder of Flowcarbon; Corinne Boone, Board Member at AirCarbon Exchange; Hayley Moller, Head of Marketing at Thallo & Alexsandra Guerra, Co-Founder of Nori
Moderator: Robert Schmitt, COO & Co-Founder at Toucan Protocol

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