Absolutely on the button.
Mass sterilization is the only thing likely to work to solve that problem in the time frame available. That I think would bring up major and probably insurmountable ethical problems.
However it is amazing how adaptive and resilient the human race can be. If faced with near extinction due to climate change who knows what measures may suddenly become acceptable.
Nevertheless, as you say, if mankind fails to take action, nature will solve the problem in its own way. As it always does.
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