Scientifically according to the article, the world is on an emissions path to 2.8°C warming, not accounting for the extra rate of warming we've seen in recent years. And this puts us at greater risk of hitting tipping points into an even warmer planet. So the status quo isn't cutting it.

China is nowhere near peaking, nor is the world.

https://ourworldindata.org/profile/co2/china https://www.statista.com/statistics/276629/global-co2-emissi... https://ourworldindata.org/co2-emissions

It's true that the West did peak in 2007 (as did South America, India, and Africa), but Asia's emissions are so massive that they more than make up for all of the reductions of the rest of the world. That last link I posted makes clear how big the problem with China is.