There are great news about the EU project eForFuel, which works towards replacing fossil fuel by recycling CO2:
Scientists from the Max Planck Institute (Germany) have reached a significant breakthrough presented in their recent Nature Chemical Biology publication. Their research for EU project eForFuel has redesigned the model biotechnological bacteria Escherichia coli (E. coli) to live and feed on methanol and formate: a possibility that serves as a stepping stone towards future endeavors aiming at recycling CO2 into various valuable carbon-based compounds.

Read more about the process and challenges here and follow this link to find the publication.