Lots of China's emissions come from manufacturing products which are sent to countries such as Germany
I'm already feeling squeezed. I can't imagine how people are that don't have a good job. No wonder populist parties are doing so well.
Besides, these prices have always been there as external costs. You just never paid them. This needs to stop anyway.
And I don't believe in the market ever solving these problems even with the right incentives.
Maybe the market won't be able to solve these problems even with appropriate measures like those suggested here. Your argument seems to be, "it won't work so we shouldn't try because it will be worse for us" which doesn't seem convincing to me.