With the increasing global population, the demands for fuels and chemicals are greater than ever. Greenhouse gas (GHG) emissions from the use of fossil fuel-based conventional feedstocks are also a matter of great concern. A revolution is needed to replace the conventional feedstocks, processes, and the materials that enable these processes with more sustainable alternatives such as renewable biomass, recycled carbon, and carbon dioxide (CO₂). In fact, we are at the verge of witnessing a shift from conventional fossil fuel-based petrochemical conversion to more sustainable processes that utilize unconventional feedstocks. Specifically, CO₂ can be viewed as a renewable source of carbon, which can be used as a C1 building block to valuable chemicals.