This is a cultural phenomenon, not a rational one, and has more to do with the West’s lack of a coherent worldview in our post-Christian age. It’s a problem of nihilism.
The “interesting” part is that this, like all scenarios, has evolutionary consequences. People that don’t buy into the climate change = I don’t want kids narrative will out-reproduce and out last those that do. The future isn’t a small society of rationalist childfree vegans, it’s comprised of people that have a lot of kids.