http://gwagner.com/greenMH

Green Moral Hazards
July 8th, 2020

Working draft — comments welcome

Abstract:

Moral hazards are ubiquitous. Green ones typically involve technological
fixes: Environmentalists often see ‘technofixes’ as morally fraught because
they absolve actors from taking more difficult steps towards systemic
solutions. Carbon removal and especially solar geoengineering are only the
latest example of such technologies. We here explore green moral hazards
throughout American history. We argue that dismissing (solar)
geoengineering on moral hazard grounds is often unproductive. Instead,
especially those vehemently opposed to the technology should use it as an
opportunity to expand the attention paid to the underlying environmental
problem in the first place, actively invoking its opposite: ‘inverse moral
hazards’.

Keywords: risk compensation; environmentalism; climate; carbon removal;
geoengineering

Full text: “Green Moral Hazards” (version: 8 July 2020; C2G blog, 9 January
2020).

Citation:

Wagner, Gernot and Daniel Zizzamia, “Green Moral Hazards,” NYU Wagner
Research Paper (8 July 2020).

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