The idea is that the extracted CO2 would be injected in oil fields to boost production. But I think EV's mean that oil consumption is going to start going down

The idea is that the extracted CO2 would be injected in oil fields to boost production. But I think EV's mean that oil consumption is going to start going down in the not-so-distant future, which will in turn crash the price of oil, and this whole project will become unprofitable.