CO2 Energy Transition Corp. operates as a special purpose acquisition company (SPAC), primarily established to achieve a business combination. This could involve various forms, such as a merger, asset acquisition, stock exchange, or other strategic integration, with one or more target businesses. The firm explicitly focuses its efforts on enterprises within the carbon capture, utilization, and storage (CCUS) sectors. It was incorporated on September 30, 2021, and its corporate headquarters are located in Houston, Texas.