About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

40 Ecology L.Q. 673 (2013)
Does Geoengineering Present a Moral Hazard

handle is hein.journals/eclawq40 and id is 697 raw text is: Does Geoengineering Present a Moral
Hazard?
Albert C. Lin*
Geoengineering, a set of unconventional, untested, and risky proposals for
responding to climate change, has attracted growing attention in the wake of
our collective failure so far to mitigate greenhouse gas emissions.
Geoengineering research and deployment remain highly controversial,
however, not only because of the risks involved, but also because of concern
that geoengineering might undermine climate mitigation and adaptation
efforts. The latter concern, often described as a moral hazard, has been
questioned by some but not carefully explored. This Article examines the
critical question of whether geoengineering presents a moral hazard by
drawing on empirical studies of moral hazard and risk compensation and on
the psychology literature of heuristics and cultural cognition. The Article finds
it likely that geoengineering efforts will undermine mainstream strategies to
combat climate change and suggests potential measures for ameliorating this
moral hazard.
Introduction............................................ 674
I. Geoengineering           ...............................    ..... 675
II. Attitudes Toward Adaptation: a Foreshadowing of Attitudes
Towards Geoengineering?       ....................................... 679
A. Initial Reluctance to Consider Adaptation ........      ....... 679
B. Subsequent Acceptance of Adaptation    ............      ..... 682
III. Moral Hazard and Risk Compensation.............................. 684
A. Moral Hazard...       ..................................684
1. Background.        ................................. 684
2. Empirical Evidence      ........................... 686
B. Risk Compensation        .............................. 688
Copyright O 2013 Regents of the University of California.
* Professor of Law, University of California, Davis, School of Law. Thanks to Eric Biber,
participants at the 2012 Arizona State University Legal Scholars Conference and the 2012 Annual
Meeting of the Law and Society Association, and the editors at Ecology Law Quarterly for helpful
suggestions. Thanks also to Dean Kevin Johnson, Associate Dean Vik Amar, and the U.C. Davis School
of Law for financial support for this project, and to Pearl Kan, Lynn Kirshbaum, and Christopher Ogata
for their research assistance.

673

What Is HeinOnline?

HeinOnline is a subscription-based resource containing nearly 3,000 academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline with pricing starting as low as $29.95

Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most