https://www.gcr21.org/publications/gcr/gcr-quarterly-magazine/qm-3-4/2021-articles/qm-3-4-2021-sconfienza-talking-past-each-other-on-moral-hazard-in-solar-radiation-management-research

Both the capture from economic interests and the possibility of emission
displacement remain valid concerns when it comes to the issue of opting out
of SRM. Strategically linking SRM to mitigation could offer a possible
solution to this problem; this means that countries which planned and
pursued an ambitious mitigation strategy could use SRM to shave off the
peak in temperatures later in the century. But once again, problematic
collective dynamics remain: if a country doing its part of the mitigation
effort could implement SRM at the scale and level to significantly cool the
atmosphere, then we might solve a moral hazard problem in the country
implementing SRM but not globally. If, on the other hand, a country doing
its part of the mitigation effort implements SRM in a way that it is
proportional to its mitigation, then we might not be able to reach a
significant cooling of the atmosphere. Another proposal to address the
possible termination problem is to have a governance system which kickstart
a gradual phaseout of SRM when certain conditions are met, for example,
when a percentage of the countries wishes to pull out because of unplanned
adverse effects. But while admirable and ingenious in theory, this solution
might not work in practice. Time and again international politics has been
driven by the interests of the most powerful countries: what would happen
if the majority of the countries wanted to pull out of SRM and kickstart
the gradual phaseout but not USA and China?

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