And even the U.S. and EU going to 0 carbon emissions wouldn't offset the growth in India, China, and Africa. And those places are a long ways away from electric cars and solar power plants. (Also, where would you put them in say India or Bangladesh?) Carbon recapture can do a very important thing renweables cannot--allow the developed world to suck out the developing world's CO2.
The current cost of carbon capture is about $120 per ton. If it follows the same trend as improvements on solar panel cost, that could be $40 per ton in a decade. At that price it would cost $300 billion annually to remove the extra carbon India will be adding to the atmosphere by then. That will be just 5% of India’s GDP by then.