Climate cooperation with risky solar geoengineering

Given the lack of progress on climate change mitigation, some scientists have proposed solar geoengineering as a means to manage climate change at least temporarily. One main concern with such a risky technological solution, however, is that it may create a “moral hazard” problem by crowding out eff...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Climatic change 2023-10, Vol.176 (10), p.138-138, Article 138
Hauptverfasser: Cherry, Todd L., Kroll, Stephan, McEvoy, David M.
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:Given the lack of progress on climate change mitigation, some scientists have proposed solar geoengineering as a means to manage climate change at least temporarily. One main concern with such a risky technological solution, however, is that it may create a “moral hazard” problem by crowding out efforts to reduce emissions. We investigate the potential for a risky technological solution to crowd out mitigation with theory and experiments. In a collective-risk social dilemma, players strategically act to cooperate when there is an opportunity to deploy a risky technology to help protect themselves from impending damages. In contrast to the moral hazard conjecture, the empirical results suggest that the threat of solar geoengineering can lead to an increase in cooperative behavior.
ISSN:0165-0009
1573-1480
DOI:10.1007/s10584-023-03612-2