Thanks, Ron. At the end of the day, I remain skeptical that any of these 
studies can really tell us much. Beyond your arguments below, these studies 
operate in an extremely sanitized simulation of the real world, and, 
particularly, I wonder if policymakers would portray geoengineering options in 
the same way that they are portrayed to the people in these experiments if they 
decided that geo. was a good idea. This might exacerbate moral hazard 
considerations. Having said that, I think we’ve reached a point where we simply 
don’t have the luxury not to pursue CDR options, though we should try to keep 
major emitters’ feet to the fire to optimize emissions reductions. wil


[cid:[email protected]]




WIL BURNS
Visiting Professor
Environmental Policy & Culture Program
Northwestern University

Email: [email protected]<mailto:[email protected]>
Mobile: 312.550.3079

1808 Chicago Ave. #110
Evanston, IL 60208
https://epc.northwestern.edu/people/staff-new/wil-burns.html

Want to schedule a call? Click on one of the following scheduling links:


  *    60-minute phone call: https://calendly.com/wil_burns/phone-call
  *   30-minute phone call: https://calendly.com/wil_burns/30min
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I acknowledge and honor the Ojibwe, Potawatomi, and Odawa, as well as the 
Menominee, Miami and Ho-Chunk nations, upon whose traditional homelands 
Northwestern University stands, and the Indigenous people who remain on this 
land today.




From: Ron Baiman <[email protected]>
Sent: Saturday, April 16, 2022 4:49 PM
To: Dan Miller <[email protected]>
Cc: Greg Rau <[email protected]>; Wil Burns <[email protected]>; Carbon 
Dioxide Removal Group ([email protected]) 
<[email protected]>; healthy-planet-action-coalition 
<[email protected]>; geoengineering 
<[email protected]>; Healthy Climate Alliance 
<[email protected]>; Planetary Restoration 
<[email protected]>; [email protected]
Subject: Re: [CDR] Moral Hazard Study

Hi Will,

As Andrew (as he notes) posted this paper to the Geoengineering list earlier 
and it was discussed a bit on the HPAC List, and is relavant to both 
Geoengeering and CDR I'm cross-posting across a number of lists.

Quoting from the paper (p. 2);

"Across two experiments, we found no evidence people engaged in
moral hazard. In both experiments, players were willing to invest the
same amount in incremental mitigation regardless of whether the policymaker
used geoengineering (and regardless of whether we even
mentioned the possibility of geoengineering in the experiment). However,
we found people engaged in moral hazard anticipation: Policymakers
were unwilling to use geoengineering when it had a low chance
of success, despite the fact there was no way geoengineering could
backfire. Using simulations, we also show that moral hazard anticipation
undermined group success, decreasing the probability groups
averted disaster. In sum, we found that people believe others will engage
in moral hazard in response to geoengineering, even when they themselves
do not."

The paper is interesting, but like all such papers it's conclusion is very much 
dependent on the assumptions used to set up the simulation game. In this case 
"geoengineering" is described (p. 3) as a 1 or 0 option with a certain 
probability ( 10%, 30%, 50%, 70%, 90%) of complete success, and with no 
economic or climate/environmental downside if it fails - as described above - 
no chance that it could "backfire".  Thus, though CDR is included as 
"geoengineering" in the intro to the paper, in practice what it addresses is 
"free-driver" all or nothing global SAI.

The paper is interesting as it raises the possibility that policymaker concern 
about the possibility of "moral hazard" from implementing SAI could increase 
the risk of climate disaster even if actual "moral hazard" is not signigicant 
among citizens.

I would add that this conclusion could be even more robust if other forms of 
incremental, localized, and not 1 or 0, forms of "direct cooling"  that are 
similarly relatively low-cost compared to reducing and removing GHG's 
(emissions reduction and CDR) were included as possibilities.

(Here's a very short and incomplete summary of some of these other methods from 
a pre-print of a forthcoming paper 
(https://www.cpegonline.org/post/our-two-climate-crises-challenge ):

"Some of the proposed methods are: Marine Cloud Brightening (MCB), Mirrors for 
Earth’s Energy Rebalancing, Wind driven sea water pumps, Surface Albedo 
Modification (formerly Floating Sand), Iron Salt Aerosol, Stratospheric Aerosol 
Injection (SAI), Floating Sand, and Cirrus Cloud Thinning (CCN), see Baiman 
2021, p. 615-616). Mirrors for Earth’s Energy Rebalancing (MEER) would offer 
local and regional cooling solutions based on deployment of arrays of mirrors 
on the earth’s surface[1]<https://mail.google.com/mail/u/0/#_ftn1>, and wind 
driven sea water pumps could increase Arctic winter ice formation, slowing 
summer ice melt and methane release (Desch et 2017)."

________________________________

[1]<https://mail.google.com/mail/u/0/#_ftnref1> 
https://www.meerreflection.com/home )

As in this case the possibility of significant economic or 
climate/environmental unintended consequeces could in reality (not just as an 
idealized game theory assumption) be more easily discounted.

I would add to the list above the possibility of incremental SAI in early 
spring in polar regions rather then "one zero, all or nothing global SAI" per 
this (excellent Andrew) podcast: 
https://podcasts.apple.com/us/podcast/arctic-sai-walker-lee/id1529459393?i=1000548415739
  and related paper.

Best,
Ron










Sent from my iPhone


On Apr 16, 2022, at 1:23 PM, Dan Miller 
<[email protected]<mailto:[email protected]>> wrote:
Yes, believing CDR is a moral hazard is a moral hazard that will result in 
mass death.

The idea of CDR being a moral hazard is rooted in the idea that we will not 
take climate action seriously and we will politely ask fossil fuel companies to 
please reduce their emissions, if it’s not too much of a bother.

Of course, we could put a price on carbon and use clean energy standards to 
force the phase out of fossil fuels. We could then also implement CDR with no 
risk of “moral hazard”.

See my Global Climate Action Plan for a set of policies that reduce emissions 
*and* removes CO2 from the atmosphere.

Of course, so far, we are not taking climate action seriously… and that is a 
moral hazard!

Dan

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On Apr 16, 2022, at 9:34 AM, Greg Rau 
<[email protected]<mailto:[email protected]>> wrote:

So believing in CDR moral hazards is hazardous. Questions?
Greg
Sent from my iPhone


On Apr 15, 2022, at 1:43 PM, Wil Burns 
<[email protected]<mailto:[email protected]>> wrote:

Talbot M. Andrews, et al., Anticipating moral hazard undermines climate 
mitigation in an experimental geoengineering game, 196 Ecological Economics, 
June 2021

https://www.sciencedirect.com/science/article/abs/pii/S0921800922000830?dgcid=author
Abstract
Geoengineering<https://www.sciencedirect.com/topics/earth-and-planetary-sciences/geoengineering>
 is sometimes touted as a partial solution to climate change but will only be 
successful in conjunction with other mitigation strategies. This creates a 
potential for a “moral hazard”: If people think geoengineering alone will 
mitigate climate change, they may become overly optimistic and reduce support 
for other necessary mitigation efforts. We test this in a series of economic 
games where players in groups must prevent a simulated climate disaster. One 
player, the “policymaker,” decides whether to implement geoengineering. The 
rest are “citizens” who decide how much to contribute to incremental mitigation 
efforts. We find that citizens contribute to mitigation even when the 
policymaker uses geoengineering. Despite this, policymakers expect that 
citizens will engage in moral hazard. As a consequence, policymakers do not use 
geoengineering even though everyone would be better off if they did so. 
Anticipating moral hazard undermines mitigation even though moral hazard itself 
does not.




<image001.jpg>



WIL BURNS
Visiting Professor
Environmental Policy & Culture Program
Northwestern University

Email: [email protected]<mailto:[email protected]>
Mobile: 312.550.3079

1808 Chicago Ave. #110
Evanston, IL 60208
https://epc.northwestern.edu/people/staff-new/wil-burns.html

Want to schedule a call? Click on one of the following scheduling links:

  *    60-minute phone call: https://calendly.com/wil_burns/phone-call
  *   30-minute phone call: https://calendly.com/wil_burns/30min
  *   15-minute phone call: https://calendly.com/wil_burns/15min
  *   60-minute Zoom session: https://calendly.com/wil_burns/60min
  *   30-minute Zoom session: https://calendly.com/wil_burns/30-minute-zoom-call
  *   15-minute Zoom session: https://calendly.com/wil_burns/15-minute-zoom-call

I acknowledge and honor the Ojibwe, Potawatomi, and Odawa, as well as the 
Menominee, Miami and Ho-Chunk nations, upon whose traditional homelands 
Northwestern University stands, and the Indigenous people who remain on this 
land today.





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