Yes, recapturing CO2 at the powerplant is pointless because of conservation of energy. It's always better not to burn the carbon in the first place.
But recapturing CO2 from air isn't pointless - because we can use surplus renewable energy to do so (and then burn C later as fuel). Basically it would use air as infinite capacity (but low-efficiency) rechargeable battery. I've seen estimates of about 13% efficiency over the whole cycle (capturing + burning).
But recapturing CO2 from air isn't pointless - because we can use surplus renewable energy to do so (and then burn C later as fuel). Basically it would use air as infinite capacity (but low-efficiency) rechargeable battery. I've seen estimates of about 13% efficiency over the whole cycle (capturing + burning).