The rate of conversion of the carbon dioxide, RCO2, was also fitted using a similar empirical equation RCO2=k2(PCH4)m(PCO2)n. The results indicate that there is a positive but variable dependence on both reaction orders which increases in the temperature range 813–893 K from m ≈ 0.0 to m ≈ 0.30 and from n ≈ 0.3 to n ≈ 0.6. This variation is attributed to the variable participation of the rate of the reverse water gas shift reaction, Rrwgs, to the overall rate RCO2 of CO2 conversion. The dependence of Rrwgs on the partial pressure of CO2 appears similar to that of RCH4 on the same reactant but shows strong inhibition by the reaction products. The results are discussed using Langmuir–Hinshelwood kinetics with the reactants and products adsorbed competitively on similar active sites of the catalyst.