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Carbon capture and utilization (CCU) or CO2 utilization technologies attract researchers, policy makers, and industry actors in search of sustainable solutions for industrial processes. This increasing interest can be explained by the fact that these processes comprise the capturing of CO2 – the most relevant greenhouse gas (GHG) – from the air or industrial point sources, and promote its use as a feedstock for the production of goods. CCU processes are expected to contribute to the greenhouse gas neutrality targets of several industrial sectors and the development of a circular economy. Therefore, understanding the environmental impacts and economics of CO2 utilization routes is essential for decision makers from relevant fields, such as technology developers, entrepreneurs, funding agencies, policy makers, administrators and more. A deep understanding of the specific implications of CO2 utilization technologies is needed to make decisions in line with sustainability strategies, and to discard inappropriate solutions. The ‘Techno-Economic Assessment & Life Cycle Assessment Guidelines for CO2 Utilization’1 (henceforth TEA and LCA Guidelines) published by the Global CO2 Initiative (GCI) in October 2018, represent a milestone in the harmonization of Life Cycle Assessment (LCA) and Techno-Economic Assessment (TEA) for evaluating CCU technologies. Henceforth, we refer to this document as TEA and LCA Guidelines. The TEA and LCA Guidelines provide a guide to overcoming methodological discrepancies that lead to confusion among practitioners, concerning how to conduct assessments, and which often lead to contradictory …