Both Europe and US's emissions are significantly (18%-30%) below their peak (which was 20 years ago. The rest of the world is also moving towards renewables.
Co2 parts per million are a stock, like the level of water in a bathtub. Annual emissions are a flow, like how strongly the water is flowing in.
The tub is fuller than ever before AND filling at the fastest rate ever.
The problem is that carbon energy is useful. So unless something globally beats almost all use cases then somewhere marginally it will be worth burning vs not burning it.
They do increase in rate as you said (for now).
If your stat had any sense then atmospheric carbon levels would rapidly plunge in a few centuries without humans burning carbon. They plainly don't do that.
You are right the the ocean is the largest carbon sink, and it has the negative side effect of acidifying.
If we do what we do now, what the UN IPCC is focusing on, which is lowering CO2 in the west to bring CO2 usage up everywhere else. China, India, and Africa and South Africa (hopefully) in the future then we've not just achieved nothing, we've made things worse.
It seems to me if oil keeps being dug up what we do on the usage side just does not matter unless everyone agrees to lower the total, because someone will use it. By the way, CO2 will keep increasing if we burn more than about 18 mbd (0.03% of what we use now).
This means nothing will matter unless you get US, Norway, Russia, China, and the Middle East to comply. And by comply I don't mean lowering the oil pumping, but stopping 100% (yes, technically 99.97% or more). That includes the oil they pump for their own use.
And obviously I realize this argument doesn't work. We cannot proceed along this way, it's not reasonable towards so many people, who have the right to life, an economy and energy. So we'll have to find an entirely different way to deal with these changes.
Markets are powerful. No real solution other than making market competitive alternatives such that the desire to dig up oil is simply lost. This may or may not be feasible.
However, every other sector has been rather flat in terms of emissions since the 90s. When you account for the fact that a large amount of industries have moved to China and other developing countries, the fact that emissions from industries have been flat, means that the overall consumption has gone up.
If you account for the emissions that we’ve offshored, we’d not be looking so good.
But without more info, that seems like a pretty awful assumption. A lot of the stuff we export are services and high value goods that I would think have a relatively low "emissions to value" ratio compared to the lower value manufactured goods we import.
I don't know why you think that, pretty much everything we buy devolves to energy in some form or another.
And, when you look at actual data, e.g. https://www.eia.gov/todayinenergy/detail.php?id=33812, that is exactly what you see.
Because they outsource their dirty work. To get a true picture of US/EU emissions you need to factor in the factories in Asia that are producing their consumer goods, as well as the global transport network that supports this.