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The document examines the resurgence of carbon capture and storage (CCS) in Europe as a critical tool for decarbonizing heavy industries and achieving Paris Agreement targets. It analyzes EU-level policies like the TEN-E Regulation and the EU Emissions Trading System (EU ETS), alongside financing tools such as the Innovation Fund and Connecting Europe Facility (CEF). The paper highlights a strategic shift toward 'carbon management hubs' to achieve economies of scale and reviews national progress in Norway, the UK, the Netherlands, Denmark, Sweden, and Germany, concluding that existing policy levers may be insufficient for the required scale-up.