Eeeeeh.
Sure, fair I suppose. Except that the US political arena is currently composed of people that want to address climate change and environmental stewardship responsibly and those that deny it's existence while toting snow balls onto the senate floor.
It's fine to reasonably say that California & the feds are underfunding efforts to maintain fire breaks and forest management in the state. It's not fine to say that carbon sequestration will solve everything magically one day - we need to be doing both, addressing excessive carbon generation and looking into carbon sequestration.
Also, as far as I've seen, carbon sequestration isn't really a renewable process - the idea is to lock that carbon outside of the natural cycles, that's a great way to reset things, but it doesn't effect the velocity with which we continue to make the problem worse.
Lastly, we're a pretty rich society - if we can do something about this why don't we. I think most people would be happy to go without the next generation of iPhone if it means solving climate change - maybe we can just slightly slow down the economic engine and produce a more sustainable existence.