There is abundant incentive to not act unilaterally in a manner that hurts the bottom line in a competitive environment (i.e., most business environments). There is very little incentive in that environment to act collectively.
That's why voluntary unilateral actions won't be sufficient, but it doesn't explain why we're not taking collective action, like enacting a price on carbon.
That has quite a bit due to the fact that lobbying works and has an amazing ROI. It only cost about $1 million to divide voters enough to fail to pass a carbon tax in Washington State: https://www.seattletimes.com/seattle-news/politics/rival-par.... (I understand it wasn’t just lobbying, but I think it played a major role.)
I hate to be cynical but the ROI of lobbying against climate change is super cheap. How can we switch this equation?
Get money out of politics, that is the one lens through which all issues are focused these days. The greater Good is out of focus while corporations focus the lens exactly where they want