Moral Hazard or Moral Duty? - Repairing the Climate with Greenhouse Gas
Removal and Solar Radiation Management

By Robert Chris, Shaun Fitzgerald

Jan 21 2022 · 4 min read

 <https://illuminem.com/energyvoices/35e225de-11e0-4899-aeed-77bba5c33b5a>
https://illuminem.com/energyvoices/35e225de-11e0-4899-aeed-77bba5c33b5a 

>From ENERGY VOICES and  <https://www.climaterepair.cam.ac.uk/> Centre for
Climate Repair at Cambridge

SUSTAINABILITY · CLIMATE CHANGE · CARBON REMOVAL

 

The IPCC Sixth Assessment Report (AR6) [1] shows human activity warming the
climate at a rate unprecedented at least in the last 2,000 years. Each of
the last four decades has been successively warmer than any prior decade
since 1850, and since 2011, average temperature rise is 1.6°C and 0.9°C over
land and ocean respectively. Human-induced climate change is recognised
‘with high confidence’ as the main cause of the now routine extreme weather
events on every continent. Even under low emissions scenarios delivering the
target limit of 1.5°C average global warming will be demanding and
temperatures may continue rising into the next century. Within the next
fifty years sea level is expected to rise about 2 metres if current
emissions levels continue. These changes are being driven by radical and
rapid increases of the three most important greenhouse gases (GHGs) in our
atmosphere. Carbon dioxide (CO2) concentration is at its highest for two
million years, with methane (CH4) and nitrous oxide (N2O) at an 800,000 year
high. Averting irreversible instabilities in multiple ecosystems and their
potentially disastrous effects on humanity requires that the levels of these
GHGs be significantly reduced.

The need for deep and rapid emissions reduction, a major issue for COP26, is
unarguable. However, the climate has already changed and the evidence is now
incontrovertible that emissions reductions alone cannot be sufficient to
stay within the 1.5°C limit. Additional actions, such as greenhouse gas
removal (GGR) and solar radiation management (SRM) that reverse the trends
of climate change, are needed. Some have voiced concerns that GGR and SRM,
sometimes referred to collectively as ‘geoengineering’, might lead to
reduced efforts on emissions reduction. This is referred to as the ‘Moral
Hazard’, a term originating in the insurance sector, but latterly applied to
a wide range of behaviours where people act more riskily because, if things
turn out badly, the negative consequences are borne by others [2].

Moral hazard became a concern in relation to climate change because fossil
fuel producers argued for policymakers to reduce focus on emissions
reduction, and instead to shift to hi-tech GGR and SRM approaches
(industrial carbon-capture, mirrors in the sky, sulphuric acid in the
atmosphere, for example) [3–6]. However, there is limited evidence of moral
hazard in other actor categories. Several studies have indicated a possible
‘galvanizing’ effect. Participants were generally cautious or hostile
towards interventions described as geoengineering, but thought they would be
more motivated to reduce their personal carbon footprint if they saw
government and industry investing in such research or deployment [7–9].

Regardless of progress on emissions reduction many effects of climate change
are now locked in. Even the most aggressive emissions reduction scenario
considered in AR6 is insufficient on its own to avoid exceeding 1.5°C.
Therefore, the unequivocal upshot is that significant SRM and GGR
interventions are necessary.

There is an urgent need to extend the scope of existing research on
different approaches to GGR and SRM to determine what could safely and
beneficially be deployed at scale. SRM techniques, in particular, need
careful evaluation for benefits and for any deleterious effects; further
studies are essential. There are promising strategies that appear scalable
and acceptable. These include cloud brightening over the Arctic ocean to
rebuild the increasingly diminished albedo effect from the loss of summer
Arctic ice; an example of positive feedback caused by temperature rises in
the Arctic Circle being three times higher than the global average. Broad
public engagement is also necessary to determine what constitutes
'acceptable’.

Without appropriate timely research, there is a risk that accelerating
climate change, and its unpredictable consequences, will lead to techniques
being deployed later, at scale, with a ‘hope for the best’ approach. This
would be a high-risk strategy to be avoided. From this perspective, Moral
Hazard based claims that research on GGR or SRM should not be undertaken for
fear of reducing efforts to abate emissions, become a Moral Hazard in
themselves; they have the unintended effect of increasing the risks from
climate change for present and future generations. If this is the case,
rather than downgrading such research for fear of a Moral Hazard impact on
emissions reductions, it should be regarded as a Moral Duty, where every
available option is explored to avert things turning out badly, with the
negative consequences to be borne by others.

This article is also published by the
<https://www.climaterepair.cam.ac.uk/files/moral_hazard_and_duty_cr.pdf>
Centre for Climate Repair. Energy Voices is a democratic space presenting
the thoughts and opinions of leading Energy & Sustainability writers, their
opinions do not necessarily represent those of illuminem.

Footnotes

1.  <https://www.ipcc.ch/report/sixth-assessment-report-working-group-i/>
The Physical Science Basis. Contribution of Working Group I to the Sixth
Assessment Report of the Intergovernmental Panel on Climate Change. (2021).

2.
<https://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article=1870&context=
faculty_scholarship> Baker, T. On the genealogy of moral hazard. Tex. L.
Rev. 75, 237 (1996).

3.
<https://www.semanticscholar.org/paper/The-fossil-fuel-industry%E2%80%99s-fr
aming-of-carbon-and-in-Gunderson-Stuart/0b2eaf8d72334396f3a56a40025ce568f1ba
99ff> Gunderson, R., Stuart, D. & Petersen, B. The fossil fuel industry’s
framing of carbon capture and storage: Faith in innovation, value
instrumentalization, and status quo maintenance. Journal of Cleaner
Production 252, 119767 (2020).

4. Lane, L. & Bickel, J. E. Solar radiation management: An evolving climate
policy option.
<http://www.aei.org/wp-content/uploads/2013/05/-solar-radiation-management-a
n-evolvingclimate-policy-option_160647160470.pdf>
http://www.aei.org/wp-content/uploads/2013/05/-solar-radiation-management-an
-evolvingclimate-policy-option_160647160470.pdf (2013).

5.  <https://journals.sagepub.com/doi/abs/10.1177/0263276409356001>
McCright, A. M. & Dunlap, R. E. Anti-reflexivity The American Conservative
Movement’s Success in Undermining Climate Science and Policy. Theory Culture
Society 27, 100–133 (2010).

6. Simonsen, S. Will These Massive Geoengineering Projects Fix the Earth—or
Break It? Singularity Hub
<https://singularityhub.com/2019/02/03/will-these-massive-geoengineering-pro
jects-fix-theearth-or-break-it-more/>
https://singularityhub.com/2019/02/03/will-these-massive-geoengineering-proj
ects-fix-theearth-or-break-it-more/ (2019).

7.  <https://royalsocietypublishing.org/doi/10.1098/rsta.2014.0063> Corner,
A. & Pidgeon, N. Geoengineering, climate change scepticism and the ‘moral
hazard’ argument: an experimental study of UK public perceptions.
Philosophical Transactions of the Royal Society A: Mathematical, Physical
and Engineering Sciences 372, 20140063 (2014).

8.
<https://keith.seas.harvard.edu/files/tkg/files/fast_cheap_and_imperfect_us_
public_opinion_about_solar_geoengineering.pdf?m=1556570031> Mahajan, A.,
Tingley, D. & Wagner, G. Fast, cheap, and imperfect? US public opinion about
solar geoengineering. Environmental Politics 28, 523–543 (2019).

9.
<https://www.semanticscholar.org/paper/Do-climate-engineering-experts-displa
y-moral-hazard-Merk-P%C3%B6nitzsch/a79540903e2f2552b00364553b4651d288113878>
Merk, C., Pönitzsch, G. & Rehdanz, K. Do climate engineering experts display
moral-hazard behaviour? Climate Policy 0, 1–13 (2018).

About the authors

Robert Chris is an Honorary Associate at the  <https://www.open.ac.uk/> Open
University (Geography) and an Associate of the
<https://www.climaterepair.cam.ac.uk/> Centre for Climate Repair at
Cambridge. His PhD and subsequent research interest concern the insights
offered by complex adaptive systems theory to climate change policymaking.

Shaun Fitzgerald is Director of the  <https://www.climaterepair.cam.ac.uk/>
Centre for Climate Repair at Cambridge. He is a Fellow of the
<https://www.raeng.org.uk/> Royal Academy of Engineering and has experience
working in academia and business, as well as in public engagement in science
within the charity sector

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