California Resources Corporation Breaks Ground on California’s First Carbon Capture and Storage Project
California Resources Corporation (NYSE: CRC) today hosted a groundbreaking ceremony for Carbon TerraVault I (CTV I), the Golden State's first carbon capture and storage project, developed to reduce emissions and support the state’s path to carbon neutrality by 2045.
CRC President and CEO Francisco Leon and CTV Holdings Managing Director Chris Gould were joined by a diverse group of state and community leaders at the Elk Hills Field in Kern County to celebrate this historic milestone.