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

Supply Chain Optimization

24 - 25 April 2023

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Climate Transformed believes that the path towards decarbonization and sustainability is not a series of trillion-dollar narratives, but thousands of multi-billion dollar opportunities as industrial processes are forced to adapt. The distinction is an exciting one, with sectors as diverse as garments to cement, all entailing unique solutions that will require innovative minds with sector expertise. Hardware and software remedies will allow supply chains to become self-sustaining. We look at 20 sectors and the technologies required to transition. It is relevant to any public company with a net zero pledge.

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