Liability of One Industry is an Asset for Another
There are over 3.2 million “Orphaned and Abandoned” oil wells in the U.S. alone, many of which are emitting methane into the atmosphere. Zefiro’s two-step model starts with capping these wells, in exchange for a fee of up to USD $150,000. After a well has been decommissioned, Zefiro will claim carbon offsets for which there is currently unprecedented demand from several major industries (e.g., energy, airlines, manufacturing).