For the first time an ionic liquid is observed to be appreciably miscible in dense CO2, up to about 7 mass%. The solubility in CO2 is more than one order of magnitude higher than for alkanes of similar carbon number. The investigated P–T phase behavior of four isopleths for the ionic liquid trihexyltetradecylphosphonium chloride in CO2 shows a concentration independence of the isopleths for the investigated compositions similar to the known phase behavior of organic compounds such as adamantane, octacosane and squalane in supercritical CO2 at high pressures. Overall, the results demonstrate that a single-phased ionic liquid–CO2 solvent system for chemical synthesis is conceivable.