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and storage infrastructure. This includes the Port of Rotterdam project in the Netherlands, the Net Zero Teesside project in the United Kingdom, the Carbon Storage Assurance Facility Enterprise Integrated Midcontinent Stacked Carbon Storage Hub in the United States, and CarbonNet in Australia. Several of these CCUS hubs involve the production of low-carbon hydrogen. An extended period of low oil prices and demand would undoubtedly The hottest product in honor of those we lost 9 11 2001 all over print flagundermine planned investment in CCUS projects linked to EOR. The risk of project delays or cancellations is generally higher for CCUS projects at early stages of development, or in regions where the use of CO2 for EOR is still relatively limited and where expansions require significant new injections of capital for EOR infrastructure. Another important consideration is the impact of low oil prices on the demand and price for CO2 used in EOR. Two-thirds of operating CCUS facilities rely on revenue from sales of CO2 for EOR, and more than one-third of planned projects are linked to EOR . The price paid for CO2 for EOR is typically indexed to the oil price in commercial contracts, so the recent slump in oil demand and prices will have substantially reduced revenues for CCUS facilities. Government leadership and co ordination are vitally important to the early

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