“…past predictions of global warming have proved largely correct. To persist with scepticism is immoral and stupid. Even a free-market fanatic cannot deny that environmental externalities are a form of market failure. Climate is the biggest externality of all.”
Luckily, there's a highly influential group of people over in America currently formulating a detailed plan on exactly how to deal with the threats posed by climate change.
Unluckily, the group are strongly tied to the oil industry, and the plan is Project 2025.
Give a 2 year old a gallon of ice cream, and he will eat the whole thing then blame you for the tummy ache.
Same with most speculators in the fiscal arena.
“ …pollution coupled with human greed and stupidity are still the biggest threats to humankind.
The biggest problem facing the world is, climate change. Will we be too late to avoid dangerous levels of global warming?”
—Stephen Hawking 2016
Except they do deny it, because the people who believe a "free market" can ever physically exist are not coincidentally the same people who don't know what "externalities" are.
The problem with free markets is that liars are not held accountable.
The end result is nonsense like carbon capture is sold as a current option when in reality it is of little consequence to the imminent issues.
Market forces are enough...if externalities are internalized. That would mean a significant carbon tax. The price of coal & gas power would make nukes look cheap, EVs would be way cheaper over their lifetimes, and companies and individuals would work hard to reduce their consumption.