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

Carbon Markets
1 podcast
11 videos - 
Mar 2, 2022

Andurand Capital: The Role of Carbon Pricing in System and Global Decarbonisation

Climate Transformed’s carbon expert Alessandro Vitelli chatted with Mark Lewis, Head of Climate Research at Andurand Capital, about the role of carbon pricing in decarbonising the world as well as the recent plunge in the carbon price.
Guest(s): Mark Lewis, Head of Climate Research at Andurand Capita
Moderator: Alessandro Vitelli

Become a member