Abstract: Carbon capture, utilization and storage (CCUS)technology is an important means to effectively reduce carbon emissions from fossil fuel combustion and industrial processes. It can reduce the economic, social and environmental costs of carbon emission reduction, and is an important technical support for achieving the goal of carbon neutrality. CCUS technologies have developed rapidly and have the technical feasibility of large-scale application in various industries. However, the large-scale deployment of CCUS still faces many problems. To this end, the development of carbon capture technology, CO₂ flooding and storage technology, CO₂ chemical conversion and utilization technology were systematically reviewed, and the opportunities for CCUS development under the dual carbon target (achieve carbon peaking by 2030 and carbon neutrality by 2060) were analyzed. Finally, the development path of CCUS technologies and industrialization as well as three main industrial development models were proposed. At the same time, it is necessary to carry out the cultivation of relevant industrial clusters and the construction of low-carbon and zero-carbon demonstration bases to help achieve the goal of carbon neutrality.