Earlier quoted context omitted.
We _are_ doing something about this. We’re locating concentrated millions of years of trapped fossil energy and moving it into our atmosphere as fast as we possibly can. To a first approximation, that is the world economy. Or did you mean to do something differently?
Both Europe and US's emissions are significantly (18%-30%) below their peak (which was 20 years ago. The rest of the world is also moving towards renewables.
However, every other sector has been rather flat in terms of emissions since the 90s. When you account for the fact that a large amount of industries have moved to China and other developing countries, the fact that emissions from industries have been flat, means that the overall consumption has gone up.
If you account for the emissions that we’ve offshored, we’d not be looking so good.