How do you innovate out of basic thermodynamics? We could stop emitting every single atom of CO2 right now and still suffer from some significant consequences. There is no solution that doesn't involve "wasting" energy (and since we live in a capitalist world, money) on capturing CO2
Bill Gates's books has a great account of what it will take to get us out of this mess - and I agree, it is a huge mess - and Carbon capture is likely to be a small part of the solution.