subsidies
Commented by Nico Popp on April 22nd, 2026 | 07:00 CEST
USD 4.7 billion for 150,000 Abandoned Oil Wells – A Billion-Dollar Market Emerges: Zefiro Methane, Halliburton, and JPMorgan in focus
Cleaning up the legacy of the US oil industry has evolved into a distinct economic sector, driven by government subsidy programs worth billions and the rapidly growing trade in emissions credits. According to analyses by the International Energy Agency (IEA), abandoned wells emit significant amounts of methane—a greenhouse gas that is around 80 times more harmful than CO₂ over a 20-year period. In the US, methane leakage from legacy oil infrastructure can pose environmental and safety risks, including groundwater contamination and localized gas buildup. To address this issue, the US government is allocating nearly USD 4.7 billion through the Infrastructure Act to plug and remediate approximately 150,000 so-called orphan wells. The consulting firm McKinsey estimates that demand for permanent CO₂ removal credits could grow to as much as 100 million tons by 2030. We take a closer look at this emerging sector and highlight a particularly interesting opportunity for investors.
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Commented by Nico Popp on March 22nd, 2023 | 10:42 CET
Subsidies beckon, shareholders profit: Volkswagen, NEL, First Hydrogen
Money from the state comes in handy for many companies. This is especially true when the challenges are great, and the capital requirements are immense. For large industrial companies, subsidies have always been part of the package. Just recently, Volkswagen, for example, picked up money in South Carolina. We explain in which industries there is also something "to be had" for shareholders.
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