At the recent CERA Week energy conference, advocates for Carbon Capture and Storage (CCS) expressed optimism about the industry's future growth, subject to the continuation of crucial tax credits. Led by the Carbon Capture Coalition, stakeholders highlight the necessity of the 45Q US tax credit to sustain over 275 CCS projects across the United States. While CCS is viewed as a promising climate mitigation strategy, challenges like substantial capital requirements and community resistance persist. The industry's progress has been slower than expected, partly due to various carbon pricing mechanisms. Despite setbacks, industry experts see potential in the US market for CCS, citing ample storage space and existing pipelines. The connection between CCS and oil production presents a unique dynamic, where carbon dioxide is utilized to enhance oil recovery, emphasizing the economic value of CCS. Advocates like Occidental Petroleum's CEO Vicki Hollub stress the importance of maintaining and adjusting tax credits to ensure parity between storage and enhanced oil recovery credits. Overall, the sentiment surrounding CCS at CERA Week is positive, with a push for policy support to drive economic viability and climate leadership in the industry.