Across the U.S., hundreds of thousands of orphaned oil and gas wells are leaking methane — a potent greenhouse gas — and posing serious risks to human health, water quality, and even explosion. Plugging these wells requires deep technical expertise, significant capital, and a long-term commitment to environmental remediation.
At Tradewater, that work is already underway.
Through the carbon market, Tradewater is capping abandoned wells, preventing emissions at the source, and restoring the land so thoroughly that it's as if the well was never there.
As Tradwater CMO Kirsten Love explains, “These are things that otherwise wouldn't happen. No one's going to just say, ‘Hey, let me go out and spend billions of dollars, millions of dollars to go and plug an orphan oil and gas [well]. A carbon market provides that financing and that structure to do it. So we're able to address those things within our society that would otherwise be overlooked.”
Tradewater’s work helps landowners like Wayne Wiltshire, who inherited his gas-well riddled land in Illinois, make their property safer and more valuable.
This story is featured in the new short film, “Voices from the Ground Up: Voices of the Carbon Market,” which highlights climate solutions that are tangible, community-driven, and urgently needed.
Learn more: https://lnkd.in/egMw2d-U
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