The formal establishment of China's unified carbon market provides commercial opportunities for the industrialization development of carbon capture

utilization and storage(CCUS)

which is of great significance to analyzing and evaluating the commercialization mechanism and industrialization development of CCUS in the context of carbon market. Learning from the development experience of European Union and the United States carbon market

and on the basis of analyzing the current situation of China's carbon market and CCUS technology's development

this paper discusses the promotion relationship between China's carbon market and CCUS technology's development. The ultimate purpose of carbon market trading and CCUS is carbon emission reduction. The formal establishment of carbon market reflects the principle of mutual coordination between government intervention and market mechanism. Carbon market quota allocation is the core of the carbon market. The industrialization development of CCUS can draw lessons from the development experience of carbon market and introduce national policy guidance and macro design

to preliminaryly design CCUS industrialization development stage. Carbon pricing in carbon market is an important tool to support the development of CCUS technology

China's carbon market and CCUS technology can achieve mutual promotion and coordinated development.