Who should pay for the reductions in climate impacts?

Tom.

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On 2/14/2014 2:51 AM, Andrew Lockley wrote:
http://scienceblogs.com/stoat/2014/02/13/who-should-pay-for-solar-geoengineering-liability/

A question raised by the normally sensible Geoengineering Politics. They
come to an odd conclusion:any damages caused by SRM [Solar Radiation
Management, I believe - W] would essentially be the negative side
effects of a response measure intended to remediate harms caused by
excessive fossil fuel use, and fossil fuel companies have been the
primary direct beneficiaries of this activity, it stands to reason that
they should be the ones to pay for its cleanupand offer an analogy:This
is precisely how the international oil spill liability regime works-the
International Oil Pollution Compensation (IOPC) Funds, financed
exclusively by oil companies, have paid out more than $700 million in
compensation since 1978Now there is a problem with this analogy, or
rather two. The first and most obvious is that oil spills are caused
directly by the oil companies, and dealing with them is a cost of their
operation (or they could tighten up their procedures and spill less,
which would also cost, but differently). You could argue that paying for
SRM is analogous to paying for oil spills, but paying for getting it
wrong is stretching things a bit. If some (company, or govt) puts up
mirror-satellites to reduce incoming solar, and accidentally fries
Australia, is that really the fault of those who put the CO2 in the
atmosphere? This is perhaps part of the fun that things like
geoengineering will inevitably lead to. After all, GW will have benefits
as well as costs, so sorting out whether those who would have benefited
are allowed to sue those who prevented that benefit would be fun.The
second problem is that spilling fuel is a consequence of extracting or
transporting oil, but not a necessary consequence. Thus its reasonable
to expect the companies to minimise it, and to fine (or otherwise force
them to pay up to clear up the mess) if they do spill. Whereas emitting
CO2 (most fossil fuel is inevitably going to get burned at some point in
its use cycle) is essentially a necessary consequence of extracting and
selling fuels.I'm also dubious about the assertion that in regard
to excessive fossil fuel use, ... fossil fuel companies have been the
primary direct beneficiaries of this activity. As I said before, I think
the primary beneficiary has been the consumer of the fossil fuels, not
the companies.

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