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

Tag: recycling

To claim success in developing a circular economy for plastic, billions of kilograms of hard-to-recycle plastics must be transformed into reusable circular materials. We chat with several companies driving this goal and discuss the enormity of the logistical and technological challenges in tackling plastic waste.
MP Robotics just raised $91mm for a Series C round to continue its expansion as one of the world’s most innovative recycling firms.

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