In the US, we could have built cities and suburbs which did not necessitate owning an ICE vehicle (at least for the majority of residents). We could have pushed the development of electric cars, which were certainly plausible in the 90s. We (the US gov't) could've stopped subsidizing fossil fuels. Heck, with the end of the cold war, the US could've substantially cut military spending, which accounts for a rather non-trivial portion of the nation's carbon emissions. More generally, we could've taxed carbon emissions to correctly account for the externalities they generated (which it was certainly possible to compute in the 70s: the energy companies themselves were doing it!), which would've likely shifted land use away from cattle, energy generation away from coal, &c.
These are things which are, quite clearly, at least an order of magnitude less than what we need to accomplish today, but since climate change is caused by the area under the emissions curve, perhaps that 50 year head start would've been enough. With the benefit of hindsight, it certainly would've been worthwhile to give it more of a try than what we actually did.