Humans have caused 1.5 °C of long-term global warming according to new estimates

For every ton of CO2 that the west has reduced in the past decade China has produced three tons of CO2.[1]

We need another breakthrough on the scale of the Haber process.

[1] https://ourworldindata.org/explorers/co2?country=OWID_WRL~Hi...

But the tech is there just not the political will or finances as it hurts economies and people's chances of winning elections.

China is likely to hit it's peak oil because of ev's and peak coal in the next 2-3 years because of renewables and batteries. Although China is mostly going electric for economic and energy security reasons it will be interesting to see what happens when it is no longer using carbon based energy for it's growth.