You have to pick one. CO2 removal or creating energy. If you remove it, it must remain sequestered. If you create fuel from it, the CO2 will not have been removed.
I'm not against the idea of sourcing fuels from atmospheric CO2. It's a good way to get energy-dense fuel without adding new carbon to the atmosphere (assuming a carbon-free source of energy is used to synthesize the fuel). But that process won't remove CO2; it'll just not add more.