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

NY Infrastructure Dinner

27 June 2023

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The fossil fuel economy has left us with a global infrastructure incompatible with the needs of a decarbonized and electrified future. Gas stations need to be replaced with charging infrastructure. Electricity grids established in the 1970s must be completely rebuilt. Hydrogen pipelines, offshore wind, smart cities, and the list goes on and on. How do we pay for trillions of dollars of new infrastructure, and what are we buying with the largest capital allocation the world has witnessed? We bring business leaders, banks, and global regulators to the table. We look at the needs of more than a dozen countries and ask how we get this done.


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