We’re not actually so far off from turning emissions into commodities, it turns out. In the United States alone, a number of companies aim to convert waste carbon dioxide into chemicals that can be used to make products we buy every day
The only people who think regulating CO2 will end capitalism are Libertarians and Marxists. Anyone who has an understanding of economics that doesn’t begin and end in the 19th century understands that markets react to regulations in the exact same way they react to everything else. Incentives change, prices adjust, people come up with new ideas that make money.