ClimateWells

We have teamed up with @jpmorgan to permanently shut down aging oil wells in Los Angeles, reducing methane emissions and improving community health. Learn how our carbon projects allow companies to make a local impact with global climate significance: climatewells.com/casestudies

@CohenSite 23,000 marginal, producing wells in LA. Countless orphaned wells for which the operator went bankrupt before plugging. We’re fixing this, using carbon credits to incentivize operators to plug low producing wells earlier. Wilmington, Yorba Linda projects underway. Get in touch!

There's a gash of oil wells that runs through the most populous part of Los Angeles You probably want to avoid buying property anywhere there's a red dot

@noahqk 3M active wells in the US. 2 million produce 19.2M BOE/D 1 million should be plugged.

Holy mackerel we produce a lot of oil

LIVE at #COP27: Biden is right--cutting methane is vital to reach our 1.5 C goal. It's welcome that Biden is putting regulations on plugging methane leaks, but the best way to cut methane? Stop oil and gas production.

Large U.S. coal companies used bankruptcy and asset transfers to move old mines to shaky new owners, putting at risk federally mandated land reclamation, an investigation by Bloomberg News and NPR finds. n.pr/3SNfXYI

The sale of thousands of California gas and oil wells is raising concern about oversight of idle and orphaned wells. latimes.com/california/sto…

9. @ClimateWells uses #carbon markets and its robust lifecycle emissions measurement tools to incentivize the early remediation and retirement of oil & gas wells. #CCUS #methane #fugitiveemissions third-derivative.org/portfolio/clim…

As part of our effort to move the needle — and the market — on #climatetech, we're proud to welcome 34 new startups into our portfolio! 🚀 Cohort 22-2 = solutions across all GHG emissions. 🌏 Cohort 22-3 = our 1st focused cohort of #CDR startups. More: third-derivative.org/blog/announcin…