Quite a lotta opinions people have on this comment chain, lemme throw mine in too while the gettin' is good! Also Tl;Dr: We can fix it, but think of the shareholders!

I've come to interpret a lot of these modern problems and solutions as questions of capital. To sound like a broken record, having as highly capitalist of an economic system as we do creates a lot of these incentives, so much so that I feel the question itself isn't necessarily a question of climate policy, but rather a question of our relationship between company and government. Partially because we have a cyclical system of: company lobbies for good law -> good law nets company more money -> repeat, but in the direction of environmental policy.

The EPA exists for a reason, the FDA exists for a reason, basically all three letter burecracies exist for a reason, It's to preserve something that is found to be important. Increasingly though, companies are exerting larger and larger power on government, and that's serving to pursue their interests, which in many cases means reductions or cuts to these agencies that can get in their way of profits.