I get your concern but the differences are significant.
1. Habitats are mobile. If you don't like the neighbours you can up and move, something not possible with geography on Earth;
2. Land area is essentially infinite, not so on Earth.
> We can't even manage to globally reduce CO2
On the contrary, excessive CO2 is, at least in some context, a remarkably simple problem. We can extract CO2 from the atmosphere and make fuel. It just doesn't make any sense to do it because we need to burn fossil fuels to power the process.
So all we really need is a power source that's cheaper than fossil fuels. There are two obvious contenders for this:
1. Solar power. Estimates I've seen are that an orbital collector can be about 7 times as efficient as current Earth-based solar collectors.
2. Fusion power. Personally I'm not yet convinced if hydrogen fusion is viable. There are of course other proposals. We shall see.
You'll note that I don't include fission. It's an unpopular opinion on HN but until we have a good story for fuel and waste processing then this is a nonstarter.