Carbon TerraVault (CTV) and National Cement signed a MoU for California’s first net-zero cement facility. CTV, which is part of the California Resources Corp. (CRC), plans to develop transportation and sequestration solutions for up to 1 Mta of carbon dioxide (CO₂), captured from National Cement’s plant in Lebec, Kern County. The captured CO2 shall be safely transported and securely stored in one of CTV’s underground storage reservoirs. The company has a proven carbon management expertise and several strategically located CO2 storage assets. The Elk Hills Field onshore asset (photo) of CRC is located 20 miles west of Bakersfield in Kern County. Pending customary approvals, operations are expected to start in 2031.