Earlier quoted context omitted.
The CFC problem was a narrow one, and the Montreal protocol was implemented a decade after development started on CFC alternatives. At the time Montreal was implemented, there was a clear picture of how to get from point A to point B. Climate change is in comparison a moon shot. We don't know what will work and how it'll work. There's not some single thing we can ban and fix the problem. It calls for structural chang…
"climate change is in comparison a moon shot" This couldn't be more apt. It took a nation-state level of engineering to make it work, but the science (broadly speaking) was pretty well known. I believe that a similar nation-state scale funded engineering project to address climate change. Unfortunately - to torture the analogy even further, we don't currently have a moon base and we've not sent a human outside of LEO…
Decarbonizing our economy is vastly different in two ways: 1) a multitude of approaches and engineering solutions rather than a single path, 2) huge amounts of industry across the world (10s of millions of people) rather than a small (thousands) focused team. A nation-state effort like a moon shot is doomed to fail at something like this. We need lots of experimentation, lots of failures, and a few successes.
This is better solved through market approaches. This is what we've been implementing over the past years. We subsidize carbon neutral tech through tax credits (negative tax) rather than placing a positive tax on carbon emission. This is less than ideal, but at least it equalizes things.