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Eric Vargas

Low Carbon Business Development Manager, California Resources Corporation

Summary

Eric Vargas is an experienced professional in the energy sector, currently holding the position of Business Development Manager at Carbon Terravault (CTV), a subsidiary of California Resources Corporation (CRC) in Bakersfield, CA. In his role, Eric has been instrumental in shaping and overseeing CTV’s energy strategy, as well as supporting joint ventures. His duties encompass building and nurturing relationships with key stakeholders, including Brookfield, a prominent global investment firm.

Energy Solutions Forum Talk | Carbon Terravault Carbon Capture and Storage Development

Carbon capture and storage (CCS) provides real solutions for reaching and maintaining carbon neutrality, and helping California meet the emissions reduction goals under the Paris Climate Accord. According to the International Energy Agency, CCS is one of the only technology solutions that can “...deliver the deep emissions reductions needed across key industrial processes..., all of which will remain vital building blocks of modern society.”