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Stock impact report

California Resources Corporation Announces CTV I Elk Hills Community Benefits Plan

California Resources Corporation (CRC) 
NASDAQ:AMEX Investor Relations: crc.com/investor-relations
Company Research Source: Business Wire
Company’s Local Investment to Provide Transformative Economic, Environmental and Social Benefits to Kern County Communities LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent energy and carbon management company, today announced the launch of its Carbon TerraVault I (CTV I) Elk Hills Community Benefits Plan (CBP) in Kern County, California.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910230269/en/CRC conducts its carbon management business through Carbon TerraVault and its subsidiaries, which pursue carbon capture and sequestration (CCS) projects that are directly sited or within proximity to significant sources of carbon dioxide (CO2) emissions in California. CTV I is comprised of two CCS geologic formations located at CRC’s Elk Hills Field in Kern County.Through this comprehensive CBP, Carbon TerraVault will commit 1% of each CTV I project investment toward developing Show less Read more
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