Disclaimer: I support pigouvian taxes on greenhouse gas emissions.

Long ago, one libertarian solution to climate change was insurance. So you'd buy disaster insurance for your house, then the insurer would bet that pollution would go up. This creates a financial incentive to reduce emissions. Best case scenario, your insurance payments are a slight reimbursement for a voluntary reduction. Worst case scenario, your insurance payments essentially bribe their workers to sabotage.

However, the Coase Theorem says this only works while transaction costs are low. And you'd need long-term contracts that aren't realistic with today's interest rates. So it would take decades to establish the financial infrastructure necessary.