IDEAS home Printed from https://ideas.repec.org/a/taf/tcpoxx/v19y2019i2p231-243.html
   My bibliography  Save this article

Do climate engineering experts display moral-hazard behaviour?

Author

Listed:
  • Christine Merk
  • Gert Pönitzsch
  • Katrin Rehdanz

Abstract

Discourse analyses and expert interviews about climate engineering (CE) report high levels of reflectivity about the technologies’ risks and challenges, implying that CE experts are unlikely to display moral hazard behaviour, i.e. a reduced focus on mitigation. This has, however, not been empirically tested. Within CE experts we distinguish between experts for radiation management (RM) and for carbon dioxide removal (CDR) and analyse whether RM and CDR experts display moral hazard behaviour. For RM experts, we furthermore look at whether they agree to laboratory and field research, and how they perceive the risks and benefits of one specific RM method, Stratospheric Aerosol Injection (SAI). Analyzing experts’ preferences for climate-policy options, we do not find a reduction of the mitigation budget, i.e. moral hazard, for RM or CDR experts compared to climate-change experts who are neither experts for RM nor for CDR. In particular, the budget shares earmarked for RM are low. The perceptions of risks and benefits of SAI are similar for RM and climate-change experts. Despite the difference in knowledge and expertise, experts and laypersons share an understanding of the benefits, while their perceptions of the risks differ: experts perceive the risks to be larger.Key policy insights Experts surveyed all prioritize mitigation over carbon dioxide removal and in particular radiation management.In the views of the experts, SAI is not a viable climate policy option within the next 25 years, and potentially beyond, as global field-testing (which would be a precondition for long-term deployment) is widely rejected.In the case of SAI, greater knowledge leads to increased awareness of the uncertainty and complexity involved. Policy-makers need to be aware of this relationship and the potential misconceptions among laypersons with limited knowledge, and should follow the guidelines about communicating risks and uncertainties of CE that experts have been advised to follow.

Suggested Citation

  • Christine Merk & Gert Pönitzsch & Katrin Rehdanz, 2019. "Do climate engineering experts display moral-hazard behaviour?," Climate Policy, Taylor & Francis Journals, vol. 19(2), pages 231-243, February.
    • Handle: RePEc:taf:tcpoxx:v:19:y:2019:i:2:p:231-243
    DOI: 10.1080/14693062.2018.1494534
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14693062.2018.1494534
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/14693062.2018.1494534?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Alice Larkin & Jaise Kuriakose & Maria Sharmina & Kevin Anderson, 2018. "What if negative emission technologies fail at scale? Implications of the Paris Agreement for big emitting nations," Climate Policy, Taylor & Francis Journals, vol. 18(6), pages 690-714, July.
    2. Lucia Savadori & Stefania Savio & Eraldo Nicotra & Rino Rumiati & Melissa Finucane & Paul Slovic, 2004. "Expert and Public Perception of Risk from Biotechnology," Risk Analysis, John Wiley & Sons, vol. 24(5), pages 1289-1299, October.
    3. Victoria Campbell-Arvai & P. Sol Hart & Kaitlin T. Raimi & Kimberly S. Wolske, 2017. "The influence of learning about carbon dioxide removal (CDR) on support for mitigation policies," Climatic Change, Springer, vol. 143(3), pages 321-336, August.
    4. Hansson, Anders & Bryngelsson, Mårten, 2009. "Expert opinions on carbon dioxide capture and storage--A framing of uncertainties and possibilities," Energy Policy, Elsevier, vol. 37(6), pages 2273-2282, June.
    5. Carola Braun & Christine Merk & Gert Pönitzsch & Katrin Rehdanz & Ulrich Schmidt, 2018. "Public perception of climate engineering and carbon capture and storage in Germany: survey evidence," Climate Policy, Taylor & Francis Journals, vol. 18(4), pages 471-484, April.
    6. Ryo Moriyama & Masahiro Sugiyama & Atsushi Kurosawa & Kooiti Masuda & Kazuhiro Tsuzuki & Yuki Ishimoto, 2017. "The cost of stratospheric climate engineering revisited," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(8), pages 1207-1228, December.
    7. Dustin Tingley & Gernot Wagner, 2017. "Solar geoengineering and the chemtrails conspiracy on social media," Palgrave Communications, Palgrave Macmillan, vol. 3(1), pages 1-7, December.
    8. Merk, Christine & Pönitzsch, Gert & Rehdanz, Katrin, 2015. "Knowledge about aerosol injection does not reduce individual mitigation efforts," Kiel Working Papers 2006, Kiel Institute for the World Economy (IfW Kiel).
    9. David E. Winickoff & Jane A. Flegal & Asfawossen Asrat, 2015. "Engaging the Global South on climate engineering research," Nature Climate Change, Nature, vol. 5(7), pages 627-634, July.
    10. Christine Merk & Gert Pönitzsch, 2017. "The Role of Affect in Attitude Formation toward New Technologies: The Case of Stratospheric Aerosol Injection," Risk Analysis, John Wiley & Sons, vol. 37(12), pages 2289-2304, December.
    11. Gilberto Montibeller & Detlof von Winterfeldt, 2015. "Cognitive and Motivational Biases in Decision and Risk Analysis," Risk Analysis, John Wiley & Sons, vol. 35(7), pages 1230-1251, July.
    12. Oschlies, Andreas & Klepper, Gernot, 2017. "Research for Assessment, not Deployment of Climate Engineering: The German Research Foundation's Priority Program SPP 1689," Open Access Publications from Kiel Institute for the World Economy 226373, Kiel Institute for the World Economy (IfW Kiel).
    13. Norman Dalkey & Olaf Helmer, 1963. "An Experimental Application of the DELPHI Method to the Use of Experts," Management Science, INFORMS, vol. 9(3), pages 458-467, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wim Carton & Adeniyi Asiyanbi & Silke Beck & Holly J. Buck & Jens F. Lund, 2020. "Negative emissions and the long history of carbon removal," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.
    2. Laurie Waller & Tim Rayner & Jason Chilvers & Clair Amanda Gough & Irene Lorenzoni & Andrew Jordan & Naomi Vaughan, 2020. "Contested framings of greenhouse gas removal and its feasibility: Social and political dimensions," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(4), July.
    3. Andrews, Talbot M. & Delton, Andrew W. & Kline, Reuben, 2022. "Anticipating moral hazard undermines climate mitigation in an experimental geoengineering game," Ecological Economics, Elsevier, vol. 196(C).
    4. Jeffrey Dankwa Ampah & Chao Jin & Haifeng Liu & Mingfa Yao & Sandylove Afrane & Humphrey Adun & Jay Fuhrman & David T. Ho & Haewon McJeon, 2024. "Deployment expectations of multi-gigatonne scale carbon removal could have adverse impacts on Asia’s energy-water-land nexus," Nature Communications, Nature, vol. 15(1), pages 1-14, December.
    5. Kelly Wanser & Sarah J. Doherty & James W. Hurrell & Alex Wong, 2022. "Near-term climate risks and sunlight reflection modification: a roadmap approach for physical sciences research," Climatic Change, Springer, vol. 174(3), pages 1-20, October.
    6. Christine Merk & Gernot Wagner, 2024. "Presenting balanced geoengineering information has little effect on mitigation engagement," Climatic Change, Springer, vol. 177(1), pages 1-17, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Elspeth Spence & Emily Cox & Nick Pidgeon, 2021. "Exploring cross-national public support for the use of enhanced weathering as a land-based carbon dioxide removal strategy," Climatic Change, Springer, vol. 165(1), pages 1-18, March.
    2. Terre Satterfield & Sara Nawaz & Guillaume Peterson St-Laurent, 2023. "Exploring public acceptability of direct air carbon capture with storage: climate urgency, moral hazards and perceptions of the ‘whole versus the parts’," Climatic Change, Springer, vol. 176(2), pages 1-21, February.
    3. Marilou Jobin & Michael Siegrist, 2020. "Support for the Deployment of Climate Engineering: A Comparison of Ten Different Technologies," Risk Analysis, John Wiley & Sons, vol. 40(5), pages 1058-1078, May.
    4. Michael Siegrist & Joseph Árvai, 2020. "Risk Perception: Reflections on 40 Years of Research," Risk Analysis, John Wiley & Sons, vol. 40(S1), pages 2191-2206, November.
    5. Gea Hoogendoorn & Bernadette Sütterlin & Michael Siegrist, 2021. "Tampering with Nature: A Systematic Review," Risk Analysis, John Wiley & Sons, vol. 41(1), pages 141-156, January.
    6. Klaus, Geraldine & Ernst, Andreas & Oswald, Lisa, 2020. "Psychological factors influencing laypersons’ acceptance of climate engineering, climate change mitigation and business as usual scenarios," Technology in Society, Elsevier, vol. 60(C).
    7. Masahiro Sugiyama & Shinichiro Asayama & Atsushi Ishii & Takanobu Kosugi & John C. Moore & Jolene Lin & Penehuro F. Lefale & Wil Burns & Masatomo Fujiwara & Arunabha Ghosh & Joshua Horton & Atsushi Ku, 2017. "The Asia-Pacific’s role in the emerging solar geoengineering debate," Climatic Change, Springer, vol. 143(1), pages 1-12, July.
    8. Laurie Waller & Tim Rayner & Jason Chilvers & Clair Amanda Gough & Irene Lorenzoni & Andrew Jordan & Naomi Vaughan, 2020. "Contested framings of greenhouse gas removal and its feasibility: Social and political dimensions," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(4), July.
    9. Chad M. Baum & Livia Fritz & Sean Low & Benjamin K. Sovacool, 2024. "Public perceptions and support of climate intervention technologies across the Global North and Global South," Nature Communications, Nature, vol. 15(1), pages 1-15, December.
    10. Todd L. Cherry & Steffen Kallbekken & Stephan Kroll & David M. McEvoy, 2021. "Does solar geoengineering crowd out climate change mitigation efforts? Evidence from a stated preference referendum on a carbon tax," Climatic Change, Springer, vol. 165(1), pages 1-8, March.
    11. Andrews, Talbot M. & Delton, Andrew W. & Kline, Reuben, 2022. "Anticipating moral hazard undermines climate mitigation in an experimental geoengineering game," Ecological Economics, Elsevier, vol. 196(C).
    12. Toby Bolsen & Risa Palm & Russell E. Luke, 2023. "Public response to solar geoengineering: how media frames about stratospheric aerosol injection affect opinions," Climatic Change, Springer, vol. 176(8), pages 1-21, August.
    13. Daniel P. Carlisle & Pamela M. Feetham & Malcolm J. Wright & Damon A. H. Teagle, 2020. "The public remain uninformed and wary of climate engineering," Climatic Change, Springer, vol. 160(2), pages 303-322, May.
    14. Ariane Wenger & Michael Stauffacher & Irina Dallo, 2021. "Public perception and acceptance of negative emission technologies – framing effects in Switzerland," Climatic Change, Springer, vol. 167(3), pages 1-20, August.
    15. Benjamin K. Sovacool & Chad M. Baum & Sean Low, 2022. "Determining our climate policy future: expert opinions about negative emissions and solar radiation management pathways," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(8), pages 1-50, December.
    16. Christine Merk & Gernot Wagner, 2024. "Presenting balanced geoengineering information has little effect on mitigation engagement," Climatic Change, Springer, vol. 177(1), pages 1-17, January.
    17. Prommer, Lisa & Tiberius, Victor & Kraus, Sascha, 2020. "Exploring the future of startup leadership development," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    18. Nicolás C. Bronfman & Luis Abdón Cifuentes & Michael L. deKay & Henry H. Willis, 2007. "Accounting for Variation in the Explanatory Power of the Psychometric Paradigm: The Effects of Aggregation and Focus," Journal of Risk Research, Taylor & Francis Journals, vol. 10(4), pages 527-554, June.
    19. Bokrantz, Jon & Skoogh, Anders & Berlin, Cecilia & Stahre, Johan, 2017. "Maintenance in digitalised manufacturing: Delphi-based scenarios for 2030," International Journal of Production Economics, Elsevier, vol. 191(C), pages 154-169.
    20. Seung-Jin Han & Won-Jae Lee & So-Hee Kim & Sang-Hoon Yoon & Hyunwoong Pyun, 2022. "Assessing Expected Long-term Benefits for the Olympic Games: Delphi-AHP Approach from Korean Olympic Experts," SAGE Open, , vol. 12(4), pages 21582440221, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:tcpoxx:v:19:y:2019:i:2:p:231-243. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/tcpo20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.