Out of the 27 commercially operational CCS projects worldwide, 21 inject carbon dioxide into oil reservoirs to force out petroleum: https://www.landclimate.org/what-is-happening-with-carbon-ca...
While renewables capture an inexhaustible source of energy (Sun), fossil fuels rely on an inexhaustible source of money for them: subsidies. Fossil fuel companies can't survive without the hundreds of billions of subsidies every year[1]. They can capture more subsides for 'carbon capture', using the captured carbon to extract more oil.
Exxon bets carbon will be the new oil: https://www.semafor.com/article/07/21/2023/exxon-carbon-denb...
[1]Global Fossil Fuel Subsidies Reached $7 Trillion in 2022, an All-Time High: https://e360.yale.edu/digest/fossil-fuel-subsidies-2022