I've been following Net Power (NPWR - NASDAQ) for years and took a small position not long after they went public in June via the SPAC route. Net Power produces power from nat. gas and then captures the CO2 combustion emissions in a unique process that they claim produces no more CO2/kwh than solar or wind with batteries i.e. the embodied emissions. They sequester the CO2.
The CEO of NPWR has invested about $100 million in the company. He formerly managed gas producers and is well connected to the Texas oil and gas establishment. Occidental Pete invested another $100 million, pocket change for them. Driller Baker Hughes is another backer.
NPWR has operated a 50MW proof of concept pilot plant for about 2 years. They are to start construction on a full scale 300 MW plant in '24 with production in '26. Their long term plan is to license the technology.
CCS is one of the rare carbon reduction strategies that has bipartisan support in the US with hyper generous subsidies under the IRA. Because of the politics my guess is that the subsidies will continue no matter what party is in power.