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
14 videos - 
Jan 10, 2023

NeoCarbon: What is The future of Direct Air Capture?

There are currently 18 direct air capture plants operating worldwide, capturing almost 0.01 megatons of CO2/year with more in the making. How much should we invest in this technology and where is it going long term? René Haas, Co-Founder of NeoCarbon, will guide us through the landscape. NeoCarbon is a DAC technology company leveraging waste heat from industrial sites to capture CO2 out of ambient air, and as a result, tackle climate change.
Guest(s): René Haas, Co-Founder of NeoCarbon
Moderator: Alessandro Vitelli

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