[bungle]

> Frankly, nothing the EU or the USA is doing at this point will matter, if Asia carries on doing what they are doing.

Perhaps something that EU or the USA ends up doing, will make Asia not to carry what they are doing?

> We need to either invent technology (which we are) to reduce emissions, or even extract them from the air, OR we need some crazy form of diplomacy to stop Asia from growing

This seems to give some hope that EU or the USA can do something on their own, which feels like it may even matter. Or did you mean "AND" instead of "OR"?