The major challenges in the 21st century are to supply clean fuels and eliminate environmental pollution problems and stabilize GHG emissions due to fossil fuel exploitation. The mitigation of emissions of GHGs, particularly CO2, and their effective utilization present both a difficult challenge and a major opportunity for sustainable development in energy and environment to the world. It is important to note that the amount of CO2 emitted as the concentrated CO2-rich flue gases from electric power plants and effluent gases from industrial manufacturing plants have become much higher than the amount of carbon used for making most chemicals, organic materials and liquid transportation fuels. Therefore utilization of CO2 to production of beneficial chemicals is very important todays. The combination of two metals in an oxide matrix can produce materials with novel physical and chemical properties. In the present work we try to introduce novel bimetallic catalysts for CO2 utilization.