I think at this point the unintended consequences argument has been overused. There are significant intended consequences that implementing something like this

I think at this point the unintended consequences argument has been overused. There are significant intended consequences that implementing something like this would have. I order for this to be negative, the unintended consequences would need to be larger, and I think it's hard to see that happening. Reading the article between the lines though, it seems like global coordination is required, and the biggest challenge is getting the top 5 producers in line (China not being mentioned by name/exact number feels evasive by the authors).