The effect of corporatism on climate policy -- which has received renewed attention as the literature on climate politics has taken an institutional turn -- is theoretically disputed and empirical ambiguous. Given that, this paper seeks to revisit the relationship between corporatism and climate policy theoretically and empirically. Theoretically, I will defend two sets of claims. First, I argue that corporatism is, ceteris paribus, detrimental to stringent climate policy when the carbon-intensive industry's economic heft is high, while the reverse holds when electoral competition from pro-climate green parties is high. Second, corporatism, I submit, has a tendency to impose a relatively greater share of costs on consumers than producers, especially when the economy is highly open. Yet, high electoral competitiveness, in particular when driven by green parties, counteracts this tendency. Empirically, I extend existing analyses and leverage newly available data to provide evidence for these hypotheses by estimating a series of fixed-effects specifications.