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
24 videos - 
May 11, 2022

SCB Group: Brokering a Low-Carbon Future

Rupert Rowling chats with Kevin McGeeney, CEO of the SCB Group, the world’s largest renewable energy brokerage, about the evolution in trading activity he has seen since the firm was founded in 2006 and the challenges faced by needing to stay up to speed with the latest technology and geopolitical developments to ensure the brokerage is offering the commodities needed at each step of the energy transition.
Guest(s): Kevin McGeeney, CEO of the SCB Group
Moderator: Rupert Rowling

Become a member