https://eartharxiv.org/repository/view/5661/?s=08

Authors

Philipp Schoenegger, Kian Mintz-Woo
Dates

*Published: **2023-07-08*
DOI

https://doi.org/10.31223/X52383
Abstract

Geoengineering (especially solar radiation management) may help to reduce
the negative outcomes of climate change by minimising or reversing global
warming. However, many express the worry that
geoengineering may pose a moral hazard, i.e., that information about
geoengineering may lead to a reduction in climate change mitigation
efforts. In this paper, we report a large-scale pre-registered,
moneyincentivised, online experiment with a representative US sample
(N=2500). We compare actual behaviour (donations to climate
change charities and clicks on climate change petition links) as well as
stated preferences (support for a carbon tax and self-reported intentions
to reduce emissions) between participants who receive information about
geoengineering with two control groups (a salience control that shows
information about climate change generally and a content control that shows
information about a
different topic). Behavioural choices are made with an earned endowment,
and stated preference responses are incentivised via the Bayesian Truth
Serum. We fail to find a significant impact of receiving information about
geoengineering, and based on equivalence tests, we provide evidence in
favour of the absence of such an effect. We take this to provide evidence
for the claim that there is no moral hazard in this context.
Subjects

Social and Behavioral Sciences
Keywords

Moral Hazard, geoengineering, climate intervention
Source:
EarthRXiv

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