Nature Climate Change, Published online: 16 January 2026; doi:10.1038/s41558-025-02541-5Economists 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.
Observations from the Little Bunker
Last updated: January 16, 2026 02:14 PM
Atmospheric CO₂
428.7 ppm
+18.1
ppm/year
Atmospheric CH₄
1940.59 ppb
+-0.24
ppb/year
Global Temperature
+1.48 °C
Peak: +1.73°C
World Population
8.1 billion
+67
million/year