I don’t think sooner would be better, because said economic conditions would destroy millions of jobs and wreck the country’s economy. What I hope is that enough Democratic members of Congress, e.g. from PA, WV, and other coal-producing and energy-using states, have enough sense to keep the loose cannon they helped elect from causing an economic catastrophe, let alone the actual disintegration of the country.
If cap and trade gets presented as rich states against poor states or urban states against rural states it won't go very far. If it becomes blue states versus red states, who knows?