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

Tag: Green Transportation

Titan LNG, a Dutch LNG bunkering business, is looking for investors to help finance the construction of a new LNG (liquefied natural gas) bunkering vessel to increase the supply of bio-LNG to the shipping sector, the company’s commercial director for marine, Michael Schaap, told Climate Transformed in an exclusive interview.
Commercial Transportation

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