It is simply a necessity to develop better methods to pull CO2 directly from the air and to do it on the same scale that we have been releasing CO2.
No it’s not. In fact, it’s impossible. Turning C02 into other stuff takes energy. There’s no perpetual motion machine you can use to burn carbon, turn the carbon back into oil, and gain energy. It’s impossible. The only solution is to reduce our demand for fossil fuels, and increase our excess energy generation enough that we can begin undoing the past 100 years of damage through capture after we’ve already prevented worsening of the problem.