Just from a physics perspective, a dollar invested into substituting coal burning is likely to be many orders of magnitude more effective than first burning the coal to CO2, diluting it to 400 parts per million in the atmosphere, concentrating that CO2 back to some high percentage, maybe turn it CO2 to some higher density form of carbon again etc.
Every step requires a lot of effort, capital and energy.
The best way to store carbon is coal. And it's already there, in the ground.