Earlier quoted context omitted.
The greenhouse coefficient of water vapour is, pound-for-pound, about one hundredth that of CO2. There's also no meaningful amount of water that can be sequestered, given there's about 10^18 tonnes of it in the world's oceans.
It may be still more efficient to pump water underground. Isolating CO2 is very energy intensive, for the same amount of energy we may isolate 100x more H2O. Sometimes it even condenses spontaneously! There is also huge amount of natural CO2, single vulcano eruption... It is about reducing green house gas emissions generated by humans. And there are many artificial lakes, fields and forests that generate huge footpri…
More seriously though, as the effects of climate change intensify, I think it’s all but inevitable we’ll have to seriously look at manipulating whatever environmental factors we can in order to counteract the worst of them. Maybe we can’t do much about the sea level rise, but maybe it would be possible to moderate storm and drought/flooding intensities. As you pointed out, water vapor levels may be one of the easier things we could manipulate, as least on a local or regional scale.