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With increasing pressure to fight climate change, scientists and leaders agree that carbon capture, use and storage (CCUS) is a cost-effective solution to meet emissions goals made under the Paris Agreement.

Although aggressive efforts are needed to meet the net-zero goal, oil and gas companies are making significant progress in deploying CCUS projects at scale, according to JP Brisson, partner at Latham & Watkins\u2019 law firm.

\u201cMore than 30 [CCUS] projects are in operation globally with more than 40 under development,\u201d Brisson said in a video interview with Hart Energy\u2019s Faiza Rizvi, adding that U.S. oil and gas companies are well-positioned to make progress in the area.

\u201cThere are several reasons for this,\u201d he said. \u201cFirst of all, U.S. is a leader in CO2 injection and sequestration. Companies in the U.S. have been injecting CO2 since the 1970s, which builds credible extensive capability.\u201d