To address the application potential and demand of propellant/supercritical carbon dioxide (SC-CO2) in ejection work, thermal analysis, static combustion and closed combustion tests were carried out in comparison with a N2 environment, to investigate the thermal decomposition and combustion characteristics of single-based propellant in CO2. The results show that the CO2 atmosphere significantly suppresses the pyrolysis process of single-based propellant, and its maximum activation energy is 15.53 kJ·mol-1 higher than that in N2 atmosphere. The combustion time of single-based propellant in CO2 is remarkably prolonged, increasing by 1729 ms at 7 MPa compared with the N2 environment. Moreover, the combustion flame of single-based propellant in SC-CO2 exhibits a special morphology with an inner white core and outer pale red periphery. During closed combustion, the phase change and heat absorption of liquid CO2 lead to an ignition delay of single-based propellant up to 12.20 ms, and the action duration of single-based propellant in SC-CO2 is on the order of 10-2 s. Increasing the initial pressure helps to improve the energy release rate of single-based propellant in the SC-CO2 environment.