This study reviews the metal corrosion problem regarding the carbon capture, utilization, and storage (CCUS) technology and aims to deepen the understanding and research on this problem and thus deal with the severe material corrosion failures in the capture, transportation, utilization, and storage systems. Based on the novel corrosion environments, the uniqueness of corrosion behaviors, limited cognition, and relative lack of protective measures in CCUS technology systems, this study analyzes the possible types of metal corrosion and its major influencing factors, explores the challenges it brings, and draws the following conclusions. For the CO2 organic amine capture system, the degradation mechanism of absorbents and the impact of degradation products on the corrosion process are complex, and some degradation products have a inhibitory effect on metal corrosion. The internal corrosion issue of dense-phase CO2 transmission pipelines cannot be ignored, and controlling the moisture content is the key to controlling this corrosion problem. The risk of corrosion failures leading to CO2 leakage is high in the wellbore tubing of CO2 enhanced oil recovery utilization and storage systems under the long-term coupled effects of ultra-high CO2 partial pressure, carbon source impurities, high mineralized formation water, microorganisms, and stress. Finally, the research that needs to be conducted urgently in the future is prospected, including the corrosion impact of different carbon source impurities on each subsystem, the material degradation law in the wellbore area under long-term storage conditions, and corrosion protection technologies of CCUS systems.