Gas giant Santos is on the verge of completing one of the world's largest carbon capture and storage facilities, the Moomba project in South Australia's outback. CEO Kevin Gallagher believes in the potential of CCS to outshine other decarbonization efforts. The company aims to capture emissions from gas production initially and potentially expand to heavy industries. Santos also envisions a future fuel combining hydrogen and carbon dioxide. Despite Australia's limited support for CCS deployment, Santos sees promising opportunities, especially with its Moomba project and future ventures in the Cooper Basin and Western Australia. The company is advocating for regulatory streamlining and the introduction of incentives like carbon credits to accelerate CCS projects. With global interest in Australian CCS expertise rising, Santos is poised to make a significant impact on emissions reduction and technological advancements in the energy sector.