The world is facing a significant climate crisis due to carbon emissions, and carbon capture technologies are playing a crucial role in mitigating this issue. Carbon capture and storage (CCS) technology has evolved to become a key player in the fight against global warming by targeting historical emissions in addition to new ones. Advancements in CCS technologies such as chemical absorption, membrane separation, cryogenics, and Chemical Looping Technology are enhancing the efficiency and cost-effectiveness of carbon capture processes. The focus on Blue Hydrogen production is also increasing, providing a low-cost solution for achieving net-zero emissions alongside CCUS deployment. Financial and regulatory challenges remain as barriers to the widespread adoption of CCS. The upfront costs associated with deploying CCS are substantial, requiring significant investments in setup, operational expenses, and maintenance. To address this, developing a robust storage infrastructure for captured CO2 is crucial. Establishing supportive policies, regulatory frameworks, and international collaboration are essential to overcoming these challenges and creating a conducive environment for the growth of CCUS technologies. By combining renewable energy sources with CCS, the world can move towards a secure and sustainable energy future with substantial reductions in carbon emissions.