Artikel

Do climate engineering experts display moral-hazard behaviour?

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.

Sprache
Englisch

Erschienen in
Journal: Climate Policy ; ISSN: 1752-7457 ; Year: 2018 ; Issue: Latest articles ; Pages: 1-13 ; London: Taylor & Francis

Klassifikation
Wirtschaft
Thema
Stratospheric Aerosol injection (SAI)
climate engineering
geoengineering
risk perception
expert perception
moral hazard

Ereignis
Geistige Schöpfung
(wer)
Merk, Christine
Pönitzsch, Gert
Rehdanz, Katrin
Ereignis
Veröffentlichung
(wer)
Taylor & Francis
(wo)
London
(wann)
2018

DOI
doi:10.1080/14693062.2018.1494534
Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Merk, Christine
  • Pönitzsch, Gert
  • Rehdanz, Katrin
  • Taylor & Francis

Entstanden

  • 2018

Ähnliche Objekte (12)