Reducing CO2 emissions is required to not only employ CO2 capture technology, but also decide where the captured CO2 will go and how it can be utilized effectively. At present, as the amount of CO2 utilized is quite small compared to that of CO2 emitted, underground storage (carbon capture and storage or CCS) is considered a realistic choice. However, because the locations of storage sites are unequally distributed, some effective methods for CO2 utilization need to be invented in areas away from these sites. Regarding the efforts of Mitsubishi Heavy Industries, Ltd. (MHI) Group to address this issue, this report presents the applications in chemical products, fuels and direct use in this regard.