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

Patricia Latini

Associate Director

Schneider Electric

As Associate Director of the Global Environmental Commodities Operations team, Patricia leads SE Sustainability Business’s Operations staff, and all EC service lines. Under Patricia’s leadership, EC Operations broadens and deepens capabilities, further enhancing client value across the global market and solution landscape. Patricia and her team deliver and build services particularly with regards to carbon markets and project consulting to achieve client Scope 1 GHG emission abatement goals. EC Ops also maintains focus and success with established EC retail and strategic sourcing services. 

Patricia has over 14 years of experience and a Bachelor’s Degree in International Relations with focus on business and foreign trade and a Technical Degree in Industrial Mechanics. She is also the Co-Founder of a new venture sponsored by Schneider Electric, GRAIN – The Carbon Offset Ecosystem. Background in international business and trade facilitation. Versed in international consultancy, business intelligence and development, researching, marketing, operations, commodity trading and development, management, sales and finance. Work experience in international organizations (government trade agencies) and in the private sector, in different areas of the industry, such as Metal & Raw Materials, Oil & Gas, Sports, Infrastructure, Cosmetics, Industrial (Mining and Chemical), Environment and Energy, Voluntary Carbon Offsets. Patricia is a dual Italian and Brazilian national and speaks 5 languages (English, Italian, Portuguese, Spanish and German). 

 

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February 1, 2022

Schneider Electric: How Guarantees of Origin Can Prevent Greenwash

Climate Transformed’s resident carbon expert Alessandro Vitelli speaks with Patricia Latini, global environmental commodities operations senior specialist at Schneider Electric, about guarantees of origin and how they can help protect investors in carbon offsets against greenwash.
 

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