Inequality displaces the fight against global warming
Many people feel left behind. They elect officials focused on inequality more than on global warming.
These people won’t easily accept any carbon regulation that should not include compensation for the low middle class and the poor. And it can’t be done anyhow: Subsides compensating for job losses may not make people happy! Compensations can’t just benefit the poor and exclude the struggling middle class!
Inequality is the main reason why the fight against global warming stagnates! Only a few percents of the upper middle class will go green at any cost, while most will drag their feet.