This California team is working on a one-step use of the sun and water to make a viable liquid hydrocarbon fuel out of CO2, putting the oxygen right back into the air.I like this. I read about another project a while back, somewhere up in Canada if I remember right (which I might not so please don't quote me on that), along this same line and liked that one too.
We'd be doing ourselves and our future generations a big favor, in my opinion, if we can make this work on a big scale. Even on a small scale it sure as heck won't hurt anything.
Getting some of the excess CO2 out of our air and adding more oxygen sounds like a winning combination to me!
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