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

Paul Krake


Paul has over 25 years’ experience as a financial market strategist. 

In 2011 he founded View from the Peak, a global, multi-asset class research platform that focuses on the interactions between public policy, economic trends, technology, and geopolitics. In 2015, Expanding on the thought leadership stemming from View from the Peak, Paul launched the Expert Series. What started as a series of ad-hoc interviews became leading commentary on the mega thematics of China, Climate, Digitization and Demographics. The firm has a network of hundreds of think tank fellows, academics, corporate leadership, and independent strategists that cover technology developments, geopolitics, trade, regulation, equities, the energy transition and more. 

US-China Series was launched in 2018 and Climate Transformed was born in 2021 from the desire to apply the multimedia intelligence model to understanding the biggest existential challenge our world has ever faced. 

Prior to this, Paul spent 15 years in Investment Banking and Asset Management. He was the Managing Partner of Corus Capital Management, a multi-strategy Asian focused hedge fund based in New York. Before forming Corus in 2005, he held roles at Caxton Associates, Moore Capital Management, Goldman Sachs and Macquarie Bank. Paul holds a Bachelor of Economics and Politics from Monash University in Melbourne, Australia. 

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Watch Paul Krake's Latest Conversations


July 14, 2022

Ember Infrastructure: Private Equity’s Role in Meeting Climate Targets

Founded in 2018, Ember is a New York-based private equity firm delivering capital solutions to businesses and assets seeking to reduce carbon intensity and enhance resource efficiency. Ember focuses on equity investments across renewable energy, water, waste, industrials and agricultural infrastructure. Mary Weisskopf is a principal, a long-time infrastructure investor and an innovator in terms of the deals she structures and the sophisticated ways she aligns investors and founder interests.

June 8, 2022

Nexus Development Capital: Redefining Early Stage Funding

Paul speaks with Joshua Kaufman, president and co-founder of Nexus Development Capital, an investment vehicle designed to capitalize low carbon infrastructure projects under development. NDC’s ability to evaluate and execute projects across a wide range of sectors and stages is made possible through a partnership with Nexus PMG, a business dedicated to providing development, operations, and finance expertise to projects that reduce carbon intensity and enhance resource efficiency.

April 25, 2022

Verulam: Lithium – The Ultimate Battery Bottleneck

Paul speaks with Andrew Suckling, founder of commodities firm Verulam, about the upcoming supply challenges of lithium being created by the huge surge in demand for this crucial battery element.

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