It also isn't at all obvious that any given company is doing more damage with the stuff they dump into the air than the positive benefits they create by burning fossil fuels, which is why there isn't more support for charging for carbon emissions.
China is in a much better position to deal with the impacts of climate change after being responsible for ~25% of last years emissions than it would be if it had tried to industrialise using solar panels.
Fossil fuels have positive and negative externalities. Just taxing the negatives and ignoring the positives is not a rational approach.