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
MP Robotics just raised $91mm for a Series C round to continue its expansion as one of the world’s most innovative recycling firms. They use artificial intelligence to identify and recover recyclables with rates of speed and precision previously unknown to the industry. This report summarizes the impact of automation on the global recycling industry and how AMP Robotics plans to alter the expectations of what recovery rates are achievable
Download the report to read it in full [the green button to your right].
Carling Spelhaug leads public relations and communications for AMP Robotics, a pioneer in AI, robotics, and infrastructure for the waste and recycling industry. She has nearly 15 years of public, private, and growth-stage company experience. Before joining AMP in early 2020, she led external communications for several areas of audit, tax, and advisory firm Grant Thornton LLP's business. She spent the first eight years of her career at investment research firm Morningstar. Spelhaug holds a bachelor's degree in history and a master's degree in communications from Northwestern University.