The Moral Hazard Argument
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| License | CC Attribution - NonCommercial - NoDerivatives 3.0 Germany: You are free to use, copy, distribute and transmit the work or content in unchanged form for any legal and non-commercial purpose as long as the work is attributed to the author in the manner specified by the author or licensor. | |
| Identifiers | 10.5446/49628 (DOI) | |
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Transcript: English(auto-generated)
00:00
What the moral hazard argument actually is saying is that our efforts in research and climate engineering will hinder mitigation efforts. But since we want to do mitigation, since mitigation is the policy choice, anything that hinders mitigation efforts is not morally permissible. I think to some
00:20
extent the moral hazard really is imminent, it's really happening because some lobbyist groups or whatever that have an interest that the economy as it is right now will continue the way it is now. For them it is of course great to have this research and the more research we are doing the more we show that it is feasible and I mean really climate engineering will be
00:44
feasible, it will offset climate change like the solar radiation management will reflect the sunbeams back into space so we will have cooling of the earth so it is working in this respect of course there are loads of other respects to it but as soon as we see that it is working that it is
01:02
offsetting the temperature rise on the globe then people might think yeah then well let's do it instead of getting rid of all our cars for example.