Current carbon emissions are over 10 billion tonnes per year, so the capture speed will have to exceed that by however much required, probably something like 10x as much. If a process could be scaled to capture 100 billions tonnes of carbon per year, it could be a viable way out of the mess.
Is it even possible with current technology given unlimited funding and political will? For example, if insoluble carbonates could be synthesised from atmospheric carbon dioxide, that could be a form of long-term carbon storage.