Jesse:

        This kept short, since we are interested in different topics.

        I have re-read the ethics paper (very different from the other one I 
commented on today) and repeat that you have too good a grasp of ethics topics 
for me to jump in further.

On Sep 18, 2014, at 3:43 AM, J.L. Reynolds <[email protected]> wrote:

> Dear Ronald,
>  
> Thank you for reading my paper and providing comments.
>  
> I mentioned in my paper that its content applies primarily to large scale SRM 
> methods (e.g. stratospheric aerosol, marine cloud brightening) but that some 
> aspects of it could be extended to other climate engineering proposals, both 
> SRM and CDR.  I personally find it more useful to think of CDR as mitigation 
> methods, albeit novel ones with some novel risks. Indeed, traditional 
> mitigation measures at sufficient scales will have negative secondary 
> effects, economic and/or environmental, often on other actors.
        [RWL1:  No disagreement.  Unfortunately, CDR still remains firmly in 
the "Geo" and " CE" camps.  Biochar is relatively unique in being about half 
mitigation anyway.
>  
> The adoption of biochar practices may or may not impact crop insurance. I am 
> not qualified to comment on that. Insurance was relevant in my paper as 
> insurance economics is the source of the term and behavior of 'moral hazard'. 
> Obtaining or increasing insurance causes one's incentives to change, and this 
> may have socially suboptimal results. As I argue, though, this is a weak 
> model for thinking about what we commonly call the moral hazard of climate 
> engineering.
        [RWL2:  Yes, my interest in the insurance topic has little/nothing to 
do with moral hazards.  You gave some nice cites on insurance.  I think some 
"Geo"/"CE" technologies will find it difficult to get insurance - and I see an 
advantage for biochar in possibly being able to lower crop insurance costs due 
to improved drought resistance.
>  
> Ocean acidification specifically is not relevant to my paper. It presents 
> only one of the many advantages and disadvantages of the various response 
> options to climate change, which in turn impact the shapes of the various 
> supply and demand curves. It is clearly a problem but not fundamentally 
> different in type than, let's say, the risks of storing CO2 underground, the 
> land use changes required by some CDR methods, the waste disposal problem of 
> increasing nuclear power as a means of mitigation, the potential impact of 
> stratospheric sulfur on ozone, etc. (Except that addressing acidification 
> through CDR or mitigation may be better conceptualized  in the demand curve 
> than the supply curve, although this will not have a significant impact on 
> the conclusions.)
        [RWL3:  We will have to disagree on whether or not ocean acidification 
is "fundamentally different in type" from your other examples.  I predict that 
this will be a big topic for decision makers with a sizable ocean-based portion 
of their GNP.  Conversely, should be a push for ocean-based biomass production 
with island nations and some others.


Ron

>  
> Best wishes,
> -Jesse
>  
> -----------------------------------------
> Jesse L. Reynolds
> European and International Public Law
> Tilburg Sustainability Center
> Tilburg University, The Netherlands
> Book review editor, Law, Innovation, and Technology
> email: [email protected]
> http://works.bepress.com/jessreyn/
> http://twitter.com/geoengpolicy
>  
> From: Ronal W.Larson [mailto:[email protected]] 
> Sent: 18 September 2014 05:03
> To: J.L. Reynolds
> Cc: Geoengineering
> Subject: Re: [geo] Reynolds, Jesse (2014): A Critical Examination of the 
> Climate Engineering Moral Hazard and Risk Compensation Concern
>  
> Dr.  Reynolds  cc list:   
>  
>             1.   Thanks for a new and useful view on (mostly) the SRM part of 
> Climate Engineering (CE) - and especially making the whole paper available to 
> us without a paywall.  I fought it well reasoned and well written.
>  
>             2.   In your nice useful discussions of insurance, I was hoping 
> for a few sentences on crop insurance - as possibly related to biochar as a 
> CDR approach.  I conclude that CE approaches that do not require insurance or 
> lessened insurance should be preferred;  would you agree?
>            
>             3.   I found no mention of  "ocean acidification" in your paper 
> and so wonder how you feel this common concern might influence your final 
> conclusions.   We interested in CDR use this as a/the primary reason for 
> needing CDR (independent of whether SRM is needed).
>  
>             4.   Here is the final paragraph of the concluding section, which 
> seems to summarize the paper well (where MH and RC are defined in your 
> paper's title - given below -  Moral Hazard and Risk Compensation.)
> "We should not assume that the CE MH-RC concern is warranted and that any 
> substitution of climate engineering for mitigation would be negative. Even in 
> the cases of the potential mechanisms which might cause deleterious 
> mitigation reduction--mechanisms which go beyond the scope of the CE MH-RC 
> concern and which are also present in many other policy choices-- we should 
> not assume that optimal mitigation is always the victim. Policy should be 
> rationally designed and based upon the central goal of minimizing net climate 
> risks to humans and the environment in accordance with society's preferences. 
> I assert that those who argue that consideration of and research into climate 
> engineering should be restricted due to the CE MH-RC concern have the burden 
> to demonstrate that such effects are likely and would be harmful, and that 
> humans and the environment would be better protected by foregoing this 
> option. Until then, this concern should not be grounds for restricting or 
> prohibiting climate engineering research. 
> 
>             5.   Dr.  Reynold's paper was attached to the following.
>  
> Ron
>  
>  
> On Sep 16, 2014, at 3:01 AM, J.L. Reynolds <[email protected]> wrote:
> 
> 
> The link to my paper (below) on "A Critical Examination of the Climate 
> Engineering Moral Hazard and Risk Compensation Concern" is inactive. I 
> removed it from SSRN and Berkeley Press Digital Works because it has been 
> accepted for publication and there is a 12 month embargo against hosting it 
> on such sites. I attach the paper here.
>  
> By the way, the journal in which it will be published--The Anthropocene 
> Review--is a relatively new multidisciplinary title on Sage. The editors 
> appear keen on publishing papers on climate engineering.
> http://anr.sagepub.com/
>  
> -Jesse
>  
> -----------------------------------------
> Jesse L. Reynolds
> European and International Public Law
> Tilburg Sustainability Center
> Tilburg University, The Netherlands
> Book review editor, Law, Innovation, and Technology
> email: [email protected]
> http://works.bepress.com/jessreyn/
> http://twitter.com/geoengpolicy
>  
> From: [email protected] 
> [mailto:[email protected]] On Behalf Of Andrew Lockley
> Sent: 16 September 2014 09:09 
>  
>                         <snip>

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