With management to include the former carbon credit team at J.P. Morgan, Zefiro Methane Corp. (“Zefiro”) is an originator of carbon offsets providing investors access to the rapidly growing global carbon offset market. With up to 25x greater potency than carbon, methane represents an even more significant threat to the earth’s ecosystem. In the United States alone, there are more than 3.2 million “Orphaned and Abandoned” oil wells1, many of which are currently emitting methane into the atmosphere.
Although these wells are a liability for the oil industry, they are an opportunity to be capitalized on by Zefiro using its two-step business model…
1. Well Decommissioning: Zefiro will “cap” orphaned and abandoned wells in exchange for a service fee paid by the well owner, which is up to USD $150,000.
2. Creating Offsets: After a given well has been decommissioned, Zefiro will claim carbon offsets from the programs used by various industries (e.g., energy, aviation, manufacturing). Between corporate commitments to reduce emissions and pending legislation requiring climate disclosures for public companies, there is currently significant and growing demand for such offsets.
For more information, please review the Zefiro Corporate Presentation or Contact Us.