I conclude that, while imperfect, carbon markets have too often been unfairly compared with an ideal climate finance mechanism that assumes few political constraints on international resource transfers for climate change. (chimalaya.org)
But there were increasing pressures to free the market from political constraints. (religion-online.org)
The obvious answer is that carbon pricing faces various political constraints, which prevent the carbon price from rising to the proper (high) level. (vox.com)