Economists have spent a decade designing the perfect climate club, yet political reality has hitherto rendered these designs practically infeasible. The Open Coalition on Compliance Carbon Markets offers a path forward, but only if its architects recognize that understanding political feasibility is crucial to turning a declaration into a functioning carbon pricing club that could close the emissions gap.
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Koppenborg, F. A coalition on compliance carbon markets to make climate clubs politically feasible. Nat. Clim. Chang. 16, 232–233 (2026). https://doi.org/10.1038/s41558-025-02541-5
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DOI: https://doi.org/10.1038/s41558-025-02541-5