_ Carbon capture and storage (CCS), with the potential for usage, will be crucial if the world is to prevent global warming. Modeling by the European Commission shows that the EU will need to capture, utilize, or store between 300 and 640 million tonnes of CO2 every year by 2050 if it wants to meet its climate-neutrality goal. It is therefore imperative that all industries, particularly the oil and gas sector, play their part to incentivize the development of new storage while enhancing the use of available producing facilities. Speaking at the second CCUS Forum, held in October in Oslo, Norway, the EU’s energy chief Kadri Simson announced that captured emissions can be either stored or recycled into other industrial processes. Though it wasn’t directly stated by the Estonian politician, enhanced oil recovery (EOR) via CO2 injection should be considered as a viable option to both store and reduce emissions. It is important to emphasize that the amount of stored CO2, as a function of EOR, will be greater than CO2 emissions created from oil extraction. CO2 for EOR in US and Canada Since the 1970s, this has been a routine procedure in many US and Canadian projects with mature reservoirs and is usually instigated after the effect of injected produced water has worn off. It has been achieved without government support. While Norway has been injecting captured CO2 in saline aquifers since the mid-1990s, there has been no attempt, and no plans exist, in Europe to use CO2 for EOR. Why not? Balancing increasing energy demand while lowering greenhouse gas (GHG) emissions is one of the greatest conundrums facing the industry today: global consumption is currently around 100 million B/D. According to IEA’s 2022 World Energy Outlook, there are three scenarios. The APS (announced pledges scenario) assumes fossil-fuel demand will peak in 2024 with 98.1 million B/D. The STEPS (stated policies scenario) projection is peak demand in 2035 at 103.2 million B/D, before going into steady long-term decline (Fig. 1). If the NZE (net zero emissions) scenario comes to pass, oil demand never returns to its 2019 level. It foresees demand falling by 2.5% each year on average between 2021 and 2030, and by just under 6% each year from 2030 to 2050. Adopting EOR technologies and upscaling CCS infrastructure could be the answer to meet energy demand and lower emissions before green energy claims the forecast largest stake of the energy mix by mid-century. Exploiting Hydrocarbon’s Heritage and CCS Globally, there are 30 CCS projects in operation, 11 are under construction, and 153 are in development. Sixty-one new facilities were added to the project pipeline in 2022. The CO2 capture capacity of all CCS facilities has grown to 244 mtpa, a rise of 44% over the past 12 months (Global CCS Institute 2022).