https://gwagner.com/greenmh/

Green Moral Hazards

Use the attention paid to the underlying environmental problem to actively
invoke the opposite: 'inverse moral hazards'.
Gernot Wagner <https://gwagner.com/>

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’.

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