There may be a delay but then the CO2 gets absorbed and stored in the plants, and then in more animals that will be added mass to the cycles - the plants dying then goes into the soil, to support more growth, and eventually over millions of years that Earth gets compacted - turned into rock, then arguably more oil will be formed.
Your point doesn't argue anything because you stopped-didn't think exponentially through the cycle after they "die" part in the cycle - what happens next?
"The rest of your argument is orthogonal to the issue. Taking CO2 out of the atmosphere works globally, it doesn’t matter who does or doesn’t reduce emissions."
So you don't think the West "being responsible by reducing CO2" - getting hurt by costs going up - while the East massively increases CO2 production and gets rewarded by doing so, doesn't have an impact?
Please actually address my specific points, rather than just making a general claim if you want to continue discussing this.