Power production from combustion of fossil fuels, such as coal and natural gas, releases carbon dioxide (CO2) and contributes to rising greenhouse gas (GHG) levels in the atmosphere. Technologies capable of cost-effective CO2 capture and reuse would help stabilize atmospheric GHG levels and provide an opportunity to turn CO2 into a feedstock for valuable products, such as chemicals and fuels. From producing carbon monoxide (synthetic gas), to plastics, to algae, etc are some of the potential applications of converting high pressure CO2 into valuable higher value chemicals. Successful development of technology could potentially create an entirely new industry where waste CO2–rather than oil–is used to produce gasoline, diesel fuel, jet fuel, and industrial chemicals. Other benefits include reduce petroleum imports, reduce economic impact on the country due to spikes in petroleum prices, and stabilize atmospheric GHG levels.